Payment of Interim Dividend

Old Mutual PLC
29 November 2001

OLD MUTUAL PLC

Payment of Interim Dividend

Old Mutual plc will, tomorrow, 30 November 2001, be making payment of its
interim dividend of 1.7p per share for the six months ended 30 June 2001 to
shareholders that were on the register at close of business on 19 October
2001.
 
In accordance with the company's Articles of Association, Old Mutual has
written to inform those shareholders who have not yet cashed any of the
cheques for the company's previous three dividends that it will not be sending
further dividend cheques to such shareholders unless and until they contact
the company's registrars.  Under the company's Articles of Association,
unclaimed dividends may still be claimed by the persons entitled for a period
of 12 years from the date when originally due.

Contact details for the company's registrars in the United Kingdom are as
follows:-

Computershare Investor Services PLC
The Pavilions
Bridgwater Road
Bristol
BS99 7NH

29 November 2001

ENQUIRIES:

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


College Hill, London
Gareth David                                       Tel: + 44 20 7457 2020


College Hill, Johannesburg
Robyn Hunt                                         Tel: + 27 11 447 3030