Transaction in Own Shares

Old Mutual PLC
12 December 2007

Old Mutual plc



Ref 101/07

12 December 2007

                           Transaction in Own Shares



Old Mutual plc ('the Company') announces that on 11 December 2007 it purchased
through Merrill Lynch International and Merrill Lynch South Africa (Pty) Limited
a total of 2,101,870 of the Company's ordinary shares of 10p each.



1,450,000 of these shares were acquired on the London Stock Exchange at an
average price of 173.22 pence per share and 651,870 shares were acquired on the
JSE Limited at an average price of ZAR 23.7535 per share.



The purchased shares will be held in treasury.  The Company's current issued
share capital is now 5,419,747,424 ordinary shares of 10p each (excluding the
89,970,719 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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