Update on potential offer

Old Mutual PLC
14 December 2007

                                   Old Mutual plc

Ref 104/07

14 December 2007

UPDATE ON POTENTIAL OFFER FOR MUTUAL & FEDERAL

Old Mutual plc ('Old Mutual') refers to its announcement dated 8 November 2007 
relating to discussions between Old Mutual and Royal Bafokeng Holdings 
(Proprietary) Limited ('RBH') concerning the potential sale by Old Mutual to 
RBH of a controlling interest in Mutual & Federal Insurance Company Limited 
('Mutual & Federal').

Shareholders are advised that discussions are continuing, but further details
are now not expected to be announced before the end of 2007.


Enquiries

Investor Relations
Aleida van Herel               UK        [phone]
Deward Serfontein              SA        [phone]

Media
James Crampton                 UK        [phone]
Nad Pillay                     SA        [phone]










                      This information is provided by RNS
            The company news service from the London Stock Exchange