Annual Report and Accounts

Old Mutual PLC
18 March 2005


                        Annual Report and Accounts 2004

Old Mutual plc ('Old Mutual') has today published its Annual Report and Accounts
for 2004. A copy of the document has been submitted to the UK Listing Authority
and will shortly be available for inspection at the UK Listing Authority's
Document Viewing Facility which is situated at the Financial Services Authority,
25 North Colonnade, Canary Wharf, London E14 5HS, telephone: [phone]
1000. The document has also been filed with the JSE Securities Exchange South
Africa.

The annual report is available on the Old Mutual website at www.oldmutual.com.

Copies of the annual report may also be obtained from Corporate Affairs, Old
Mutual plc, 5th Floor, Old Mutual Place, 2 Lambeth Hill, London EC4V 4GG or Old
Mutual Square, Isibaya Building, 2nd Floor, 93 Grayston Drive, Sandton 2196,
South Africa, from Tuesday, 29 March 2005.

The Annual General Meeting of Old Mutual will be held in the Presentation Suite,
2nd Floor, Old Mutual Place, 2 Lambeth Hill, London EC4V 4GG on Wednesday, 11
May 2005 at 11.00 am.

                                                                  18 March 2005


ENQUIRIES:

Old Mutual plc UK
Miranda Bellord     [phone]

Old Mutual plc SA
Nad Pillay          [phone]

For further information about Old Mutual plc visit www.oldmutual.com



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