Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST I SHARES

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Old Mutual plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to thenotification obligation: iii

AXA S.A., 25 Avenue Matignon, 75008 Paris and its group of companies

4. Full name of shareholder(s)  (if different from 3.):iv

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

20 December 2010

6. Date on which issuer notified:

21 December 2010

7. Threshold(s) that is/are crossed orreached: vi, vii

Below 5% - Indirect voting rights

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary shares of 10p each

ISIN GB0007389926

279,803,099

279,803,099

2,620,285

2,620,285

272,126,443

0.05

4.99

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

274,746,728

5.04%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

Name of the Company/Fund Number of shares % issued share capital

Alliance Capital Management 2,789,400 0.051129 Indirect

AXA Australia 36,395 0.000667 Indirect

AXA Colonia Konzern 704,725 0.012917 Direct

AXA Colonia Konzern 330,972 0.006067 Indirect

AXA Financial Inc. 260,473,809 4.774374 Indirect

AXA IM UK 1,915,560 0.035111 Direct

AXA IM UK 8,495,867 0.155726 Indirect

Total Direct 2,620,285 0.04803

Total Indirect 272,126,443 4.98796

TOTAL 274,746,728 5.03599

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

14. Contact name:

Martin Murray

15. Contact telephone number:

02070027109