23rd Mar 2007 10:30
Old Mutual PLC23 March 2007 Old Mutual plc 16/07 23 March 2007 Share interests of a person discharging managerial responsibilities (PDMR) Old Mutual plc (the Company) announces the following changes in share interests of a PDMR Exercise of an option by a PDMR Mr T A Boardman, Chief Executive of Nedbank Group Limited exercised thefollowing option under the Nedcor Group (1994) Employee Incentive Scheme on 16March 2007 and sold all of the shares as follows: PDMR Date of Shares Exercise Sale Gain made Total gain exercise exercised Price Price per share T A 16 March 26,292 R60.00 R130.13 R70.13 R1,843,857Boardman 07 The total number of Nedbank Group Limited shares held by Mr Boardman underoption under the Nedcor Group (1994) Employee Incentive Scheme and the NedbankGroup (2005) Share Option, Matched Share and Restricted Share Scheme is 668,965,of which 126,200 have vested. Mr Boardman also holds 25,098 Nedbank GroupLimited Ordinary shares and 85,000 Nedbank Limited preference shares. Notes to Editors Old Mutual Old Mutual plc is an international savings and wealth management company basedin the UK. Originating in South Africa in 1845, the group has a balancedportfolio of businesses offering asset management, life assurance, banking andgeneral insurance services in over 40 countries, primarily South Africa, Europeand the United States. Old Mutual is listed on the London, Johannesburg andStockholm stock exchanges, among others. By conducting its business worldwide under its core values of integrity, respectand accountability, Old Mutual aspires to push beyond boundaries to drive valuefor all its stakeholders. In the year ended 31 December 2006, the group reported an increase in adjustedoperating profit of 16% to £1.4 billion (IFRS basis). Old Mutual had £239billion of funds under management at 31 December 2006, and 53,000 employees. For further information on Old Mutual plc, please visit the corporate website atwww.oldmutual.com Enquiries Investor RelationsMalcolm Bell UK +44 (0)20 7002 7166Deward Serfontein SA +27 (0)21 509 8709 MediaJames Crampton UK +44 (0)20 7002 7133Nad Pillay SA + 27 (0)21 504 8026 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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