Nedcor Interim Results

Old Mutual PLC
05 August 2004

                                 Old Mutual plc



                                 Nedcor Limited
                Interim Results for the half year ended 30 June 2004





Nedcor Limited ('Nedcor'), the South African banking group in which Old Mutual
plc ('Old Mutual') has a 53 per cent. holding, has today issued its financial
results for the half year ended 30 June 2004.



The full text of Nedcor's announcement is available on the Old Mutual website at
www.oldmutual.com or on the JSE Securities Exchange 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 interim results on 10 August 2004.





5 August 2004





ENQUIRIES:



Old Mutual plc UK
Miranda Bellord           [phone]


Old Mutual plc SA
Nad Pillay                [phone]




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