Close period repurchase progr

Old Mutual PLC
16 April 2008



Ref 92/08

16 April 2008



Close period repurchase programme


Old Mutual plc (the 'Company') announces that it has entered into an irrevocable
and non-discretionary arrangement with its broker, Merrill Lynch International,
to repurchase on its behalf and within certain pre-set parameters, ordinary
shares in the Company during the Company's informal close period commencing on
17 April 2008 and ending on the day prior to the announcement of the Company's
business update for the first quarter of 2008, which is scheduled to be released
on 8 May 2008. This arrangement is in accordance with Chapter 15 of the Listing
Rules, the JSE Listings Requirements and the Company's general authority to
repurchase shares. Any shares repurchased under this arrangement will be held in
Treasury.



For further information on Old Mutual plc, please visit the corporate website at
www.oldmutual.com



Enquiries

Investor Relations
Aleida White                   UK        [phone]
Deward Serfontein              SA        [phone]

Media
Matthew Gregorowski            UK        [phone]
Nad Pillay                     SA        [phone]


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