Director/PDMR Shareholding

1.

Details of the person discharging managerial responsibilities (PDMR) / person closely associated (PCA)

a)

Name of natural person

Ingrid Gail Johnson

2.

Reason for the notification

a)

Position / status

Non-independent Director

b)

Initial notification / amendment

Initial

3.

Details of the issuer, emission market participant, auction platform, auctioneer or auction monitor

a)

Full name of the entity

OLD MUTUAL LIMITED

b)

Legal Entity Identifier Code

213800MON84ZWWPQCN47

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Nil Cost Share Option over ordinary Old Mutual Limited shares

b)

Identification Code

ZAE000255360

c)

Nature of the transaction

Exercise of Nil Cost Share Option

d)

Currency

GBP

e)

Price(s) and volume(s)

f)

Aggregated information

- Aggregated volume

- Price

- Total

759,712

g)

Date of transaction

2018-10-09

h)

Place of the transaction

Outside a trading venue

1.

Details of the person discharging managerial responsibilities (PDMR) / person closely associated (PCA)

a)

Name of natural person

Ingrid Gail Johnson

2.

Reason for the notification

a)

Position / status

Non-independent Director

b)

Initial notification / amendment

Initial

3.

Details of the issuer, emission market participant, auction platform, auctioneer or auction monitor

a)

Full name of the entity

OLD MUTUAL LIMITED

b)

Legal Entity Identifier Code

213800MON84ZWWPQCN47

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Old Mutual Limited shares

b)

Identification Code

ZAE000255360

c)

Nature of the transaction

Sale

d)

Currency

GBP

e)

Price(s) and volume(s)

f)

Aggregated information

- Aggregated volume

- Price

- Total

759,712

£1.486

£1,128,659.39

g)

Date of transaction

2018-10-09

h)

Place of the transaction

XOFF

1.

Details of the person discharging managerial responsibilities (PDMR) / person closely associated (PCA)

a)

Name of natural person

Ingrid Gail Johnson

2.

Reason for the notification

a)

Position / status

Non-independent Director

b)

Initial notification / amendment

Initial

3.

Details of the issuer, emission market participant, auction platform, auctioneer or auction monitor

a)

Full name of the entity

OLD MUTUAL LIMITED

b)

Legal Entity Identifier Code

213800MON84ZWWPQCN47

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Old Mutual Limited shares

b)

Identification Code

ZAE000255360

c)

Nature of the transaction

Purchase

d)

Currency

ZAR

e)

Price(s) and volume(s)

f)

Aggregated information

- Aggregated volume

- Price

- Total

105,000

ZAR 29.1699

ZAR 3,062.839.50

g)

Date of transaction

2018-10-09

h)

Place of the transaction

JSE LIMITED

1.

Details of the person discharging managerial responsibilities (PDMR) / person closely associated (PCA)

a)

Name of legal person

The Loraine Clark Johnson Trust

2.

Reason for the notification

a)

Position / status

PCA of Ingrid Gail Johnson, Non-independent Director

b)

Initial notification / amendment

Initial

3.

Details of the issuer, emission market participant, auction platform, auctioneer or auction monitor

a)

Full name of the entity

OLD MUTUAL LIMITED

b)

Legal Entity Identifier Code

213800MON84ZWWPQCN47

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Old Mutual Limited shares

b)

Identification Code

ZAE000255360

c)

Nature of the transaction

Purchase (Non Beneficial)

d)

Currency

ZAR

e)

Price(s) and volume(s)

f)

Aggregated information

- Aggregated volume

- Price

- Total

5,405

ZAR 29.2922

ZAR 158,324.34

g)

Date of transaction

2018-10-09

h)

Place of the transaction

JSE LIMITED