Director/PDMR Shareholding

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. Names of persons discharging managerial responsibilities/director

PETER BAIN - (PRESIDENT AND CHIEF EXECUTIVE OFFICER OLD MUTUAL ASSET MANAGEMENT (US))

ANDREW BIRRELL - (GROUP RISK AND ACTUARIAL DIRECTOR)

PHILIP BROADLEY - (GROUP FINANCE DIRECTOR)

DONALD HOPE - (HEAD OF STRATEGY DEVELOPMENT)

JULIAN ROBERTS - (GROUP CHIEF EXECUTIVE)

DONALD 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 persons referred to in 3 or 4 above or in respect of a non-beneficial interest

BENEFICIAL INTERESTS OF THE PERSONS NAMED IN 3 ABOVE

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

ORDINARY 10P SHARES

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

PETER BAIN - NIL OLD MUTUAL PLC ORDINARY 10P SHARES

ANDREW BIRRELL - 13,474 OLD MUTUAL PLC ORDINARY 10P SHARES

PHILIP BROADLEY - 402,092 OLD MUTUAL PLC ORDINARY 10P SHARES

DONALD HOPE - 189,533 OLD MUTUAL PLC ORDINARY 10P SHARES

JULIAN ROBERTS - 1,113,143 OLD MUTUAL PLC ORDINARY 10P SHARES

DONALD SCHNEIDER - NIL OLD MUTUAL PLC ORDINARY 10P SHARES

EACH OF THE INDIVIDUALS SHOWN ABOVE ALSO HOLDS SHARE AWARDS AND/OR SHARE OPTIONS UNDER AT LEAST ONE OF THE OLD MUTUAL PLC SHARE REWARD PLAN, THE OLD MUTUAL PLC PERFORMANCE SHARE PLAN AND THE OLD MUTUAL PLC 2008 SHARESAVE PLAN. THE ISSUE OF SHARES REFERRED TO IN 8 AND 9 BELOW RESULT FROM ELECTIONS MADE WITH RESPECT TO UNVESTED SHARE AWARDS UNDER THE OLD MUTUAL PLC SHARE REWARD PLAN.

8. State the nature of the transactions.

ISSUE OF OLD MUTUAL PLC ORDINARY 10P SHARES UNDER THE OLD MUTUAL PLC SCRIP DIVIDEND SCHEME

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

PETER BAIN - 9,910 SHARES

ANDREW BIRRELL - 4,576 SHARES

PHILIP BROADLEY - 8,078 SHARES

DONALD HOPE - 4,912 SHARES

JULIAN ROBERTS - 15,490 SHARES

DONALD SCHNEIDER - 1,486 SHARES

ISSUED AT £1.0672 EACH UNDER THE SCRIP DIVIDEND SCHEME

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

PETER BAIN - 0.000178%

ANDREW BIRRELL - 0.000082%

PHILIP BROADLEY - 0.000145%

DONALD HOPE - 0.000088%

JULIAN ROBERTS - 0.000279%

DONALD SCHNEIDER - 0.000027%

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

NIL

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

NIL

13. Price per share or value of transaction

PETER BAIN - 9,910 SHARES @ £1.0672

ANDREW BIRRELL - 4,576 SHARES @ £1.0672

PHILIP BROADLEY - 8,078 SHARES @ £1.0672

DONALD HOPE - 4,912 SHARES @ £1.0672

JULIAN ROBERTS - 15,490 SHARES @ £1.0672

DONALD SCHNEIDER - 1,486 SHARES @ £1.0672

14. Date and place of transactions

30 NOVEMBER 2011 - THE LONDON STOCK EXCHANGE

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

PETER BAIN - 9,910 ORDINARY 10P SHARES - 0.000178%

ANDREW BIRRELL - 18,050 ORDINARY 10P SHARES - 0.000325%

PHILIP BROADLEY - 410,170 ORDINARY 10P SHARES - 0.007376%

DONALD HOPE - 194,445 ORDINARY 10P SHARES - 0.003497%

JULIAN ROBERTS - 1,128,633 ORDINARY 10P SHARES - 0.020296%

DONALD SCHNEIDER - 1,486 ORDINARY 10P SHARES - 0.000027%

EACH OF THE INDIVIDUALS SHOWN ABOVE ALSO HOLDS SHARE AWARDS AND/OR SHARE OPTIONS UNDER AT LEAST ONE OF THE OLD MUTUAL PLC SHARE REWARD PLAN, THE OLD MUTUAL PLC PERFORMANCE SHARE PLAN AND THE OLD MUTUAL PLC 2008 SHARESAVE PLAN.

16. Date issuer informed of transactions

30 NOVEMBER 2011

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

Martin C Murray

Company Secretary

Date of notification 1 December 2011