Appointment of new executive directors effective

Old Mutual plc

Ref 106/14

1 July 2014

aPPOINTMENT OF NEW EXECUTIVE DIRECTORs now effective

In line with our previous announcement dated 14 May 2014, Old Mutual plc ("Old Mutual" or "the Company") is pleased to confirm that the appointments of Ingrid Johnson, Group Finance Director, and Paul Hanratty, Chief Operating Officer, as executive directors of the Company have taken effect today, 1 July 2014.

As also previously announced, Philip Broadley, the former Group Finance Director, will remain an executive director until 31 August 2014, on which date he will retire from the Company.

Old Mutual confirms that there are no matters relating to either Ingrid Johnson or Paul Hanratty that would require disclosure under Listing Rules 9.6.13 (1) to (6).

Enquiries

External communications

Patrick Bowes UK +44 20 7002 7440

Investor relations

Dominic Lagan UK +44 20 7002 7190

Media

William Baldwin-Charles +44 20 7002 7133

+44 7834 524833

Notes to Editors

Old Mutual provides life assurance, asset management, banking and general insurance to more than 16 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.

In the year ended 31 December 2013, the Group reported adjusted operating profit before tax of £1.6 billion (on an IFRS basis) and had £294 billion of funds under management from core operations.

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