Transaction in Own Shares

Old Mutual PLC
05 December 2007


Old Mutual plc

Ref 96/07
5 December 2007
                           Transaction in Own Shares


Old Mutual plc ('the Company') announces that on 4 December 2007 it purchased
through Merrill Lynch International and Merrill Lynch South Africa (Pty) Limited
a total of 1,515,514 of the Company's ordinary shares of 10p each.

1,200,000 of these shares were acquired on the London Stock Exchange at an
average price of 163.28 pence per share and 315,514 shares were acquired on the
JSE Limited at an average price of ZAR 22.91 per share.

The purchased shares will be held in treasury.  The Company's current issued
share capital is now 5,434,394,122 ordinary shares of 10p each (excluding the
75,274,021 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
James Crampton                  UK         [phone]
Nad Pillay                      SA         [phone]



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