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 Old Mutual plc of existing shares to which voting rights are attached: ii 2 Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights x 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 Coronation Asset Management (Pty) Ltd notification obligation: iii 4. Full name of shareholder(s) N/A (if different from 3.):iv 5. Date of the transaction and date on which the threshold is crossed or 12 December 2016 reached: v 6. Date on which issuer notified: 12 December 2016 7. Threshold(s) that is/are crossed or reached: vi, vii 5% holding limit 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 xi xii Direct Direct Indirect Direct Indirect Rights GB00B77J0862 247 224 435 247 224 435 245 831 935 245 831 935 4.98% B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration Exercise/ Number of voting % of voting xiii xiv instrument date Conversion Period 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 % of voting rights xvii xix, xx instrument price date Conversion rights instrument xviii period refers to Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 245 831 935 4.98% 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: Coronation Asset Management (Pty) Ltd 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: Jamie Rowland 15. Contact telephone number: +27 21 680 2000 Sponsor: Merrill Lynch South Africa (Pty) Ltd Joint Sponsor: Nedbank Corporate and Investment Banking Date: 12/12/2016 01:25:00 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.