GEt enters Partnership

Old Mutual PLC
5 February 2001


                                Old Mutual plc

        GEt enters partnership arrangement with Sherwood International

Old Mutual plc (OML.L) announces that its specialist South African IT solution
provider to the Financial Services industry Global Edge technologies (PTY) Ltd
('GEt'), has entered into a new partnership arrangement with Sherwood
International PLC of the UK. The agreement will enable Sherwood to accelerate
the geographic expansion of its unique IT solutions for the insurance industry
and Global Edge to expand its range of products and services to more fully
meet the broader financial services needs of the Old Mutual Group. In
addition, the agreement will provide Global Edge with access to selected
markets outside of the Old Mutual Group.

In a new strategic agreement Sherwood International has agreed to acquire a
32% stake in GEt from Old Mutual plc for £1.3m. Old Mutual retains the
remaining 68% of the company. GEt has established a strong capability in
developing competitive systems, including solutions based on Sherwood's
AMARTAarchitecture. It will now become a distribution and implementation
partner for AMARTA and Sherwood's aeos platforms.

                                                              5 February, 2001

Further Enquiries:
Old Mutual plc, London
James Poole, Director Investor Relations             Tel: + 44 20 7569 0100

College Hill, London
Nicholas Williams / Matthew Gregorowski              Tel: + 44 20 7457 2020