Transaction in Own Shares

Old Mutual PLC
09 October 2007




                                Old Mutual plc

Ref 58/07
9 October 2007

                           Transaction in Own Shares


Old Mutual plc ('the Company') announces that on 8 October 2007 it purchased
through Merrill Lynch International and Merrill Lynch South Africa (Pty) Limited
a total of 3,500,000 of the Company's ordinary shares of 10p each.

2,500,000 of these shares were acquired on the London Stock Exchange at an
average price of 172.28 pence per share and 1,000,000 shares were acquired on
the JSE Limited at an average price of ZAR 24.08 per share.

The purchased shares will be held in treasury. The Company's current issued
share capital is now 5,499,609,866 ordinary shares of 10p each (excluding the
8,073,000 shares that have so far been repurchased into treasury).

Old Mutual

For further information on Old Mutual plc, please visit the corporate website at
www.oldmutual.com



Enquiries

Investor Relations
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Deward Serfontein               SA         [phone]

Media
James Crampton                  UK         [phone]
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