Dealings in Securities by 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)” Ref 68/18 15 October 2018 DEALINGS IN SECURITIES BY DIRECTOR OF THE COMPANY 1. Details of the person discharging managerial responsibilities (PDMR) / person closely associated (PCA) a) Name of natural person Mthandazo Peter Moyo 2. Reason for the notification a) Position / status Chief Executive Officer 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 Old Mutual Limited Ordinary shares (“Shares”) of instrument b) Identification Code ZAE000255360 c) Nature of the Transaction On-market Purchase of Shares d) Currency ZAR e) Price(s) and volume(s) Price(s) Volume(s) 20.89 21,000 f) Aggregated information - Aggregated volume 21,000 - Price R20.89 - Total R438,690.00 g) Date of transaction 11 October 2018 h) Place of the transaction JSE Limited i) Nature of Interest Direct Beneficial j) 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 Relations) E: patrick.bowes@omg.co.uk 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. 2 Date: 15/10/2018 10:45:00 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.