Old Mutual : Notification of Change in Director's Details

Old Mutual plc

Ref 13/17

30 January 2017

NOTIFICATION OF CHANGE IN DIRECTOR'S DETAILS

In accordance with Listing Rule 9.6.14R, Old Mutual plc (the 'Company') announces that Danuta Gray, a non-executive director of the Company, has been appointed as a non-executive director of Direct Line Insurance Group plc with effect from 1 February 2017.

Enquiries

External communications

Patrick Bowes UK [phone]

Investor relations

Dominic Lagan UK [phone]

Sizwe Ndlovu SA [phone]

Media

William Baldwin-Charles [phone]

[phone]

Notes to Editors

Old Mutual provides investment, savings, insurance and banking services to 18.9 million customers in Africa, the Americas, Asia and Europe. Originating in South Africa in 1845, Old Mutual has been listed on the London and Johannesburg Stock Exchanges, among others, since 1999.

Old Mutual has announced a strategy of managed separation, which will entail separating its four businesses into standalone entities. The four businesses are:

Old Mutual Emerging Markets: An African financial services leader, providing long-term savings, protection, investment and lending to retail and corporate customers

Nedbank: Old Mutual owns a 54% stake in Nedbank, one of South Africa's top four banks, providing wholesale and retail banking, insurance and asset management for individuals and businesses

Old Mutual Wealth: a leading wealth management business in the UK and international markets

OM Asset Management: Old Mutual owns 51% in the New York Stock Exchange listed OM Asset Management which offers a diverse range of investment strategies and products for institutions, delivered worldwide through seven US-based boutiques.

For the year ended 31 December 2015, Old Mutual reported an adjusted operating profit before tax of £1.7 billion and had £304 billion of funds under management. For further information on Old Mutual plc and the underlying businesses, please visit the corporate website atwww.oldmutual.com