Cevian Capital II increases shareholding in Old Mutual

Please be advised that Cevian Capital II has increased its shareholding in Old Mutual plc to 264,362,994 shares, corresponding to 5.01% of the company’s voting rights. At June 1, 2009, Cevian Capital II disclosed a shareholding corresponding to 4.1% of voting rights. For further information please contact Martin Oliw, Partner, Cevian Capital (Tel: +41 55 417 46 20). Yours faithfully, Denzil Boschat Director