Analysts Conference Call

Old Mutual PLC
11 November 2003



                                 OLD MUTUAL PLC

          Announcement of Trading Update and Analysts Conference Call



At 7.00 a.m. (UK) 9.00 a.m. (SA) Tuesday, 18 November 2003, Old Mutual plc
(OML.L) will be providing an update on current trading activities in respect of
the Group.



A conference call for analysts and investors has been arranged at which Julian
Roberts, Group Finance Director, will answer questions. The call will start at
9.00 a.m. (UK) 11.00 a.m. (SA) on 18 November 2003.



Analysts and investors who wish to participate in this conference call should
dial the following toll-free numbers:


UK:                        0800 953 1444
SA:                        0800 994 090



International participants from outside the above regions should dial the
following number (not toll-free): [phone]



For those not able to participate, a recording of the conference call will be
made and a replay facility will be available for seven days from mid-morning on
18 November 2003, after which it will be withdrawn. Those wishing to activate
the replay facility should dial the following number, and quote the relevant
access code:


UK:                        [phone]
Access code:               688907#



Nedcor Limited (NED SJ), the South African banking group in which Old Mutual has
a 53% holding, will also issue a statement on trading and the outlook for the
South African banking business, which will be published on the JSE Securities
Exchange News Service (SENS) on Monday, 17 November 2003. Both statements will
be available on the Old Mutual website www.oldmutual.com.



                                                                11 November 2003


ENQUIRIES

Old Mutual plc (London)
Malcolm Bell, Investor Relations                      Tel: + 44 20 7002 7000


Old Mutual plc (South Africa)
Michael Willis, Investor Relations                    Tel: + 27 82 441 5196






                      This information is provided by RNS
            The company news service from the London Stock Exchange