Director/PDMR Shareholding

1.

Name of the issuer

OLD MUTUAL PLC

2.

State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

DTR 3.1.2R

3.

Name of person discharging managerial responsibilities/director

·; PETER BAIN, PRESIDENT, CHIEF EXECUTIVE OFFICER, OLD MUTUAL ASSET MANAGEMENT

·; PHILIP BROADLEY, GROUP FINANCE DIRECTOR

·; PAUL FEENEY, CEO, OLD MUTUAL WEALTH

·; IAN GLADMAN, GROUP STRATEGY DIRECTOR

·; PAUL HANRATTY, GROUP OPERATING OFFICER

·; CARLTON HOOD, GROUP CUSTOMER DIRECTOR

·; SUE KEAN, CHIEF RISK OFFICER

·; RALPH MUPITA, CEO, OLD MUTUAL EMERGING MARKETS

·; JULIAN ROBERTS, GROUP CHIEF EXECUTIVE

·; DON SCHNEIDER, GROUP HR DIRECTOR

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 interest1

IN RESPECT OF THOSE NAMED IN 3 ABOVE

6.

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

ORDINARY 11 3/7p SHARES

7.

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

·; PETER BAIN - 8,671

·; PHILIP BROADLEY - 513,434

·; PAUL FEENEY - NIL

·; IAN GLADMAN - NIL

·; PAUL HANRATTY - 313,169

·; CARLTON HOOD - NIL

·; SUE KEAN - NIL

·; RALPH MUPITA - NIL

·; JULIAN ROBERTS - 1,544,556

·; DON SCHNEIDER - 78,012

THESE TOTALS EXCLUDE UNVESTED SHARE INCENTIVE AWARDS AND VESTED BUT UNEXERCISED SHARE OPTIONS.

8

State the nature of the transaction

GRANT OF DEFERRED SHORT-TERM INCENTIVE SHARE AWARDS IN THE FORM OF RESTRICTED SHARES

·; PETER BAIN - 967,725 SHARES

·; PHILIP BROADLEY - 197,138 SHARES

·; PAUL FEENEY - 109,311 SHARES

·; IAN GLADMAN - 78,967 SHARES

·; PAUL HANRATTY - 229,222 SHARES

·; CARLTON HOOD - 52,926 SHARES

·; SUE KEAN - 61,083 SHARES

·; RALPH MUPITA - 184,068 SHARES

·; JULIAN ROBERTS - 295,874 SHARES

·; DON SCHNEIDER - 80,884 SHARES

9.

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

10.

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

11.

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

12.

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

13.

Price per share or value of transaction

AWARDS GRANTED AT £1.944 PER SHARE (R27.03 IN RESPECT OF RALPH MUPITA)

14.

Date and place of transaction

8 APRIL 2013 - LONDON

15.

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

UNCHANGED FROM 7 ABOVE

16.

Date issuer informed of transaction

8 APRIL 2013

17

Date of grant

18.

Period during which or date on which exercisable

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

WILLIAM BALDWIN-CHARLES

HEAD OF CORPORATE AFFAIRS

+44 20 7002 7133

Name of authorised official of issuer responsible for making notification:

MARTIN MURRAY, GROUP COMPANY SECRETARY

Date of notification: 9 APRIL 2013