Dealings in Securities by a Director of the Company Old Mutual Limited Incorporated in the Republic of South Africa (Registration number: 2017/235138/06) ISIN: ZAE000255360 JSE Share Code: OMU NSX Share Code: OMM (“Old Mutual)” LEI: 213800MON84ZWWPQCN47 Ref 64_18 11 October 2018 DEALINGS IN SECURITIES BY A DIRECTOR OF THE COMPANY In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders are advised of the following dealings in securities of the Company: Director Ingrid Gail Johnson Company Old Mutual Nature of transactions Exercise of nil cost share option and on- market sale of shares Class of Securities Ordinary shares Date of Transactions 9 October 2018 Number of securities 759,712 exercised and sold Sale price per share 455,827 shares - £1.489106 Total value of transaction £1,128,659.39 Nature of interest Direct beneficial Clearance obtained Yes Director Ingrid Gail Johnson Company Old Mutual Nature of transactions Exercise of nil cost share option and on- market sale of shares Class of Securities Ordinary shares Date of Transactions 9 October 2018 Number of securities 759,712 exercised and sold Sale price per share 303,885 shares - £1.480444 Total value of transaction £1,128,659.39 Nature of interest Direct beneficial Clearance obtained Yes Director Ingrid Gail Johnson Company Old Mutual Nature of transactions Purchase of shares Class of Securities Ordinary shares Date of Transaction 9 October 2018 Number of securities 105,000 acquired Acquisition price per share ZAR 29.1699 Total value of transaction ZAR 3,062,839.50 Nature of interest Direct beneficial Clearance obtained Yes Director The Loraine Clark Johnson Trust – a Charitable Trust of which Ingrid Gail Johnson is a Trustee Company Old Mutual Nature of transactions Purchase of shares Class of Securities Ordinary shares Date of Transaction 9 October 2018 Number of securities 5,405 acquired Acquisition price per share ZAR 29.2922 Total value of transaction ZAR 158,324.34 Nature of interest Non beneficial Clearance obtained Yes JSE Sponsor Merrill Lynch South Africa (Pty) Limited Namibian Sponsor PSG Wealth Management (Namibia) (Proprietary) Limited Enquiries Investor Relations Patrick Bowes T: +44 (0)20 7002 7440 (Interim Head of Investor E: Patrick.bowes@omg.co.uk Relations) Communications: Tabby Tsengiwe T: +27 (11) 217 1953 M: +27 (0)60 547 4947 E: ttsengiwe@oldmutual.com Notes to Editors About Old Mutual Limited Old Mutual is a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets segments in 17 countries. Old Mutual's primary operations are in South Africa and the rest of Africa, and it has niche businesses in Latin America and Asia. With over 170 years of heritage across sub-Saharan Africa, we are a crucial part of the communities we serve and broader society on the continent. For further information on Old Mutual, and its underlying businesses, please visit the corporate website at www.oldmutual.com. Date: 11/10/2018 09:38:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.