Director/PDMR Shareholding

Old Mutual PLC
16 November 2007



                                   Old Mutual


Ref 83/07

16 November 2007


NOTIFICATION OF A TRANSACTION OF A DIRECTOR IN ACCORDANCE WITH RULE 3.1.4R OF
THE DISCLOSURE AND TRANSPARENCY RULES


Old Mutual plc (the Company) announces that on 15 November 2007, Mr J H
Sutcliffe, Chief Executive of the Company, exercised a share option under the
Old Mutual Share Option and Deferred Delivery Plan (SOP) as follows:

Date of grant            4 Mar 2002  
Date of exercise         15 Nov 2007
Options  exercised       396,950  
Exercise price           £0.9525 
No. of shares retained   46,950 
No. of  shares sold      350,000  
Sale price  of shares    £1.657
                     
The total number of shares now held under option by Mr Sutcliffe under the SOP
is 3,761,009, of which 2,069,521 have vested and the rest remain subject to
performance conditions.

The total number of shares in the Company in which Mr Sutcliffe (together with
his connected persons) is now beneficially interested (excluding Restricted
Share Awards which have not yet vested and all unexercised share option shares)
is 1,692,769.


Old Mutual

For further information on Old Mutual plc, please visit the corporate website at
www.oldmutual.com



Enquiries

Investor Relations
Aleida van Herel               UK        [phone]
Deward Serfontein              SA        [phone]

Media
James Crampton                 UK        [phone]
Nad Pillay                     SA        [phone]





                      This information is provided by RNS
            The company news service from the London Stock Exchange