Director/PDMR Shareholding

RNS Number : 5231E

Old Mutual PLC

07 April 2011

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8,13, 14, 16, 23 and 24.

(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

Please complete all relevant boxes should in block capital letters.

1. Name of the issuer

OLD MUTUAL PLC

2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R (1) (a)

Yes

3. Name of person discharging managerial responsibilities/director

PAUL HANRATTY - CHIEF EXECUTIVE OFFICER, LONG-TERM SAVINGS, OLD MUTUAL PLC AND CHAIRMAN, OLD MUTUAL SOUTH AFRICA

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

N/A

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

BENEFICIAL INTEREST

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

EXERCISE OF SHARE OPTION UNDER THE OLD MUTUAL SHARE OPTION AND DEFERRED DELIVERY PLAN

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them.

N/A

8. State the nature of the transaction.

EXERCISE OF MARKET VALUE SHARE OPTION:

PAUL HANRATTY - 159,484 SHARES @ R14.50

9. Number of shares, debentures or financial instruments relating to shares acquired

NONE

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

N/A

11. Number of shares, debentures or financial instruments relating to shares disposed

159,484 ORDINARY 10P SHARES NET SETTLED AT R15.16 PER SHARE

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

0.00292%

13. Price per share or value of transaction

GAIN = R15.16 - R14.50 = R0.66 X 159,484 = R105,259.44

14. Date and place of transaction

4 APRIL 2011 - SOUTH AFRICA

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

MR HANRATTY NO LONGER HAS ANY OPTIONS OUTSTANDING UNDER THE OLD MUTUAL SHARE OPTION AND DEFERRED DELIVERY PLAN.

MR HANRATTY HOLDS AWARDS IN THE FORM OF MARKET VALUE SHARE OPTIONS, FORFEITABLE SHARES AWARDS AND NIL COST OPTIONS UNDER THE OLD MUTUAL PLC PERFORMANCE SHARE PLAN, AND THE OLD MUTUAL PLC SHARE REWARD PLAN.

16. Date issuer informed of transaction

6 APRIL 2011

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17. Date of grant

18. Period during which or date on which it can be exercised

19. Total amount paid (if any) for grant of the option

20. Description of shares or debentures involved (class and number)

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

22. Total number of shares or debentures over which options held following notification

23. Any additional information

24. Name of contact and telephone number for queries

Name and signature of duly authorised officer of issuer responsible for making notification