Interim Dividend Notification

Old Mutual PLC
5 September 2000


                        Old Mutual plc
                               
                       Interim Dividend
                  Six months to 30 June 2000
                               
The Board of Old Mutual plc has declared an interim dividend of
1.6p  per share for the six months to 30 June 2000, to be  paid
on 30 November 2000 to shareholders on the register at close of
business on 20 October 2000.

Old  Mutual's  shares  are listed on the London,  Johannesburg,
Zimbabwe,   Namibian  and  Malawi  stock  exchanges.    It   is
anticipated  that  the shares will trade  ex-dividend  from  16
October 2000 on each of these markets.

Shareholders  on  the  South African,  Zimbabwe,  Namibian  and
Malawi  branches or sections of the register will be  paid  the
local  currency equivalent of the dividend under  the  Dividend
Access  Trust arrangements established in each country.   Local
currency  equivalents of the dividend will be determined  using
the  appropriate  exchange rates at close  of  business  on  13
October  2000, as quoted in the London Financial  Times  on  16
October   2000.    An  announcement  of  the   local   currency
equivalents will be made by the Company on 16 October 2000.

                                                               
Enquiries:

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

College Hill London                    Tel: + 44 20 7457 2020
Nicholas Williams

Old Mutual Cape Town                   Tel: + 27 21 509 2732
Bruce Allen, Manager, Group Media Communications

College Hill Johannesburg              Tel: + 27 11 447 3030
Tony Friend

Computershare Services/ UK             Tel: + 44 870 702 0001
Carol Carrington

Computershare Services (S. Africa)     Tel: + 27 11 370 7700
Hazel Kayter