Purchase of Nedbank Group Shares by Old Mutual Plc Non-Executive Director OLD MUTUAL PLC ISIN CODE: GB00B77J0862 JSE SHARE CODE: OML NSX SHARE CODE: OLM ISSUER CODE: OLOMOL Ref 494/16 13 September 2016 PURCHASE OF NEDBANK GROUP SHARES BY OLD MUTUAL PLC NON-EXECUTIVE DIRECTOR Nedbank Group Limited (“Nedbank Group”), the majority-owned South African banking subsidiary of Old Mutual plc, has today made the following disclosure in respect of share dealings by an Old Mutual plc non-executive director. “DEALINGS IN SECURITIES BY A DIRECTOR In terms of paragraphs 3.63 - 3.65 of the Listings Requirements of the JSE, the following information is disclosed in respect of the dealings in shares by a director of Nedbank Group: Name: V Naidoo Designation: Non-executive chairman Date of transaction: 12 September 2016 Number of shares: 1 080 Average price per share: R210.15 Lowest price per share: R209.75 Highest price per share: R210.51 Total value: R226 962 Nature of transaction: Purchase of ordinary shares Nature of trade: Open market Extent of interest: Indirect beneficial (held by a company of which Mr Naidoo is the sole shareholder) The required written clearance for dealing in these shares has been obtained.” End Enquiries External communications Patrick Bowes UK +44 20 7002 7440 Investor relations Dominic Lagan UK +44 20 7002 7190 Sizwe Ndlovu SA +27 11 217 1163 Media William Baldwin-Charles +44 20 7002 7133 +44 7834 524833 Sponsor: Merrill Lynch South Africa (Pty) Ltd Joint Sponsor: Nedbank Capital Notes to Editors Old Mutual provides investment, savings, insurance and banking services to 18.9 million customers in Africa, the Americas, Asia and Europe. Originating in South Africa in 1845, Old Mutual has been listed on the London and Johannesburg Stock Exchanges, among others, since 1999. Old Mutual has announced a strategy of managed separation, which will entail separating its four businesses into standalone entities. The four businesses are: Old Mutual Emerging Markets: An African financial services leader, providing long-term savings, protection, investment and lending to retail and corporate customers Nedbank: Old Mutual owns a 54% stake in Nedbank, one of South Africa’s top four banks, providing wholesale and retail banking, insurance and asset management for individuals and businesses Old Mutual Wealth: a leading wealth management business in the UK and international markets OM Asset Management: Old Mutual owns 65.8% in the New York Stock Exchange listed OM Asset Management which offers a diverse range of investment strategies and products for institutions, delivered worldwide through seven US-based boutiques. For the year ended 31 December 2015, Old Mutual reported an adjusted operating profit before tax of £1.7 billion and had £304 billion of funds under management. For further information on Old Mutual plc and the underlying businesses, please visit the corporate website at www.oldmutual.com Date: 13/09/2016 02:31:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.