Transaction in Own Shares

Old Mutual PLC
29 February 2008


Old Mutual plc

Ref 53/08
29 February 2008
                           Transaction in Own Shares

Old Mutual plc ('the Company') announces that on 28 February 2008 it purchased
through Deutsche Bank AG, London Branch and Deutsche Securities (Pty) Limited a
total of 4,505,203 of the Company's ordinary shares of 10p each.

1,900,000 of these shares were acquired on the London Stock Exchange at an
average price of 129.78 pence per share and 2,605,203 shares were acquired on
the JSE Limited at an average price of ZAR 19.5050 per share.

The purchased shares will be held in treasury. The Company's current issued
share capital is now 5,321,758,223 ordinary shares of 10p each (excluding the
188,631,378 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
Aleida van Herel               UK    [phone]
Deward Serfontein              SA    [phone]

Media
Nicholas Bicket                UK    [phone]
Nad Pillay                     SA    [phone]




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