Old Mutual : Public Opening Position Disclosure/Dealing Disclosure by a Person with Interests in Relevant Securities

Old Mutual Limited

Incorporated in the Republic of South Africa Registration number: 2017/235138/06

ISIN: ZAE000255360

LEI: 213800MON84ZWWPQCN47

JSE Share Code: OMU

LSE Share Code: OMU

NSX Share Code: OMM

MSE Share Code: OMU

ZSE Share Code: OMU

("Old Mutual" or "the Company")

Ref: 30/22

18 July 2022

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")

1.	KEY INFORMATION
(a) Full name of discloser:
		Old Mutual Limited (and
		subsidiaries)
(b) Owner or controller of interests and short positions
	disclosed, if different from 1(a):
	The naming of nominee or vehicle companies is
	insufficient. For a trust, the trustee(s), settlor and
	beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant		Mediclinic International plc
	securities this form relates:
	Use a separate form for each offeror/offeree
(d) If an exempt fund manager connected with an
	offeror/offeree, state this and specify identity of
	offeror/offeree:
(e) Date position held/dealing undertaken:	15/ 07 / 2022
	For an opening position disclosure, state the latest
	practicable date prior to the disclosure

1. In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
   If it is a cash offer or possible cash offer, state "N/A"

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

1. Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

	Class of relevant security:		50p ordinary
			Interests			Short positions
			Number	%		Number	%
(1)	Relevant securities owned and/or	9,679,037	1.31%
		controlled:
(2)	Cash-settled derivatives:
(3)	Stock-settled derivatives
		(including options) and
		agreements to purchase/sell:
		TOTAL:	9,679,037	1.31%

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

1. Rights to subscribe for new securities (including directors' and other employee options)

Class of relevant security in relation to which subscription right exists:

Details, including nature of the rights concerned and relevant percentages:

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

1. Purchases and sales

Class of relevant	Purchase/sale	Number of securities	Price per unit
security
Ordinary	Purchase	6,768	95.45

1. Cash-settledderivative transactions

Class of relevant	Product	Nature of dealing	Number of	Price per unit
security	description	e.g. opening/closing a	reference
	e.g. CFD	long/short position,	securities
		increasing/reducing a
		long/short position

1. Stock-settledderivative transactions (including options)

1. Writing, selling, purchasing or varying

Class of	Product	Writing,	Number of	Exercise	Type	Expiry	Option
relevant	description	purchasing,	securities	price per	e.g.	date	money
security	e.g. call	selling,	to which	unit	American,		paid/
	option	varying etc.	option		European		received
			relates		etc.		per unit

(ii)	Exercise
Class of relevant	Product	Exercising/	Number of	Exercise price
	security	description	exercised against	securities	per unit
		e.g. call option

1. Other dealings (including subscribing for new securities)

Class of relevant	Nature of dealing	Details	Price per unit (if
security	e.g. subscription, conversion		applicable)

4. OTHER INFORMATION

1. Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

None

1. Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:

1. the voting rights of any relevant securities under any option; or
2. the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

1. Attachments

Is a Supplemental Form 8 (Open Positions) attached?	No

Date of disclosure:	18 July 2022
Contact name:	Rasheeqah Ismail
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [e-mail]. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

Sandton

Sponsors
Johannesburg Stock Exchange	Merrill Lynch South Africa (Pty) Limited ta BofA Securities
Malawi Stock Exchange	Stockbrokers Malawi Limited
Namibia Stock Exchange	PSG Wealth Management (Namibia) (Proprietary) Limited
Zimbabwe Stock Exchange	Imara Capital Zimbabwe plc
Enquiries
Investor Relations
Sizwe Ndlovu	T: [phone]
Head of Investor Relations	E: [e-mail]
Communications
Vuyo Mtawa	M: [phone]
Head: Group Communications	E: [e-mail]

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 market segments in 14 countries. Old Mutual's primary operations are in South Africa and the Rest of Africa and it has a niche business in Asia. With 177 years of heritage across sub-Saharan Africa, Old Mutual is a crucial part of the communities they serve and the broader society on the continent.

For further information on Old Mutual, and its underlying businesses, please visit the corporate website at www.oldmutual.com.