Nedbank Q1 Results

Old Mutual PLC
09 May 2007

                                 Old Mutual plc

Ref 28/07

9 May 2007

                             Nedbank Group Limited
                Results for the three months ended 31 March 2007


Nedbank Group Limited ('Nedbank'), the South African banking subsidiary of Old
Mutual plc ('Old Mutual'), has today issued results for the three months ended
31 March 2007.

The full text of Nedbank's announcement is available on the Old Mutual website
at www.oldmutual.com or on the JSE News Service (SENS).  A hard copy is also
available from Corporate Affairs, Old Mutual plc, 5th Floor, Old Mutual Place, 2
Lambeth Hill, London EC4V 4GG or Old Mutual Square, Isibaya Building, 2nd Floor,
93 Grayston Drive, Sandton 2196, South Africa.

Old Mutual will release its results for the quarter ended 31 March 2007 on 24
May 2007.

Ends


Enquiries

Investor Relations
Malcolm Bell                   UK        [phone]
Deward Serfontein              SA        [phone]

Media
James Crampton                 UK        [phone]
Nad Pillay                     SA        + 27 (0)21 504 8026








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