Mutual & Federal Interims

Old Mutual PLC
29 July 2002

                                 OLD MUTUAL PLC



              Mutual & Federal Insurance Company Limited (MAF SJ)



                 Results for the six months ended 30 June 2002





Old Mutual plc ('Old Mutual') draws attention to today's announcement by Mutual
& Federal Insurance Company Limited ('Mutual & Federal'), the South African
general insurance group in which Old Mutual plc ('Old Mutual') has a 51%
interest, detailing its financial results for the six months ended 30 June 2002.



 The full text of the Mutual & Federal announcement is available on SENS, the
JSE Securities Exchange News Service and on Old Mutual's website,
www.oldmutual.com. A paper copy of the full Mutual & Federal announcement is
available from Investor Relations, Old Mutual Plc, 3rd Floor, 57 Berkeley
Square, London W1J 6ER.



29 July 2002





ENQUIRIES:


Old Mutual, London                                   Tel: [phone]

James Poole


College Hill, London                                 Tel: [phone]

Nicholas Williams














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