OLD MUTUAL PLC - Notification of Major Interest in Shares

Notification of Major Interest in Shares

OLD MUTUAL PLC
ISIN CODE: GB00B77J0862
JSE SHARE CODE: OML
NSX SHARE CODE: OLM
ISSUER CODE: OLOMOL



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are                         OLD MUTUAL PLC
attached: ii

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights                                            YES

An acquisition or disposal of qualifying financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying
financial instruments

An event changing the breakdown of voting rights

Other (please
specify):

3. Full name of person(s) subject to the         ALLAN GRAY UNIT TRUST MANAGEMENT (RF)
notification obligation: iii                     PROPRIETARY LIMITED




4. Full name of shareholder(s)
 (if different from 3.):iv

5. Date of the transaction and date on
which the threshold is crossed or                4 November 2016
reached: v
6. Date on which issuer notified:

7. Threshold(s) that is/are crossed or
reached: vi, vii                                 4%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of       Situation previous             Resulting situation after the triggering transaction
shares              to the triggering
                    transaction
if possible using   Number           Number        Number          Number of voting             % of voting rights x
the ISIN CODE       of               of            of shares       rights
                    Shares           Voting        Direct          Direct xi     Indirect xii   Direct     Indirect
                                     Rights                        
                                     
GB00B77J0862        194 360 337    194 360 337     200 672 565     200 672 565                  4.0708%


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial           Expiration   Exercise/                 Number of voting              % of voting
instrument                  date xiii    Conversion Period xiv     rights that may be            rights
                                                                   acquired if the
                                                                   instrument is
                                                                   exercised/ converted.




C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
xv, xvi


Resulting situation after the triggering transaction

Type of financial      Exercise    Expiration    Exercise/      Number of voting rights     % of voting rights xix,
instrument             price       date xvii     Conversion     instrument refers to        xx
                                                 period xviii
                                                 
                                                                                            Nominal       Delta


Total (A+B+C)

Number of voting rights                                  Percentage of voting rights

200 672 565                                              4.0708%
 
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi


Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease
to hold:

12. Date on which proxy holder will cease to hold
voting rights:


13. Additional information:


14. Contact name:                            NELIA DE BEER

15. Contact telephone number:                +27 87 736 1732




Sponsor:
Merrill Lynch South Africa (Pty) Ltd

Joint Sponsor:
Nedbank Capital

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