Transaction in Own Shares

Old Mutual PLC
18 December 2007


                                Old Mutual plc

Ref 107/07
18 December 2007
                           Transaction in Own Shares

Old Mutual plc ('the Company') announces that on 17 December 2007 it purchased
through Deutsche Bank AG, London Branch a total of 1,370,332 of the Company's
ordinary shares of 10p each.

All of these shares were acquired on the London Stock Exchange at an average
price of 164.73 pence per share.

The purchased shares will be held in treasury. The Company's current issued
share capital is now 5,411,580,430 ordinary shares of 10p each (excluding the
98,445,239 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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