Director's share interests

Old Mutual PLC
19 April 2001


                                Old Mutual plc

                          Director's share interests

Old Mutual plc has been informed, by a letter received today, that Mr M J
Levett, Chairman and Chief Executive of the Company, has made the following
purchases on the JSE Securities Exchange (South Africa) of direct, beneficial
interests in shares of the following quoted subsidiaries of the Company:

Date of         Name of Company                 No. of shares      Price per
transaction                                     Purchased          share

17.04.2001      Nedcor Limited                  4,000              ZAR144.35
17.04.2001      Nedcor Investment Bank Holdings 6,000              ZAR235
                Limited
17.04.2001      Nedcor Investment Bank Holdings 10,000             ZAR240
                Limited
17.04.2001      Nedcor Investment Bank Holdings 18,000             ZAR249
                Limited
17.04.2001      Nedcor Investment Bank Holdings 16,000             ZAR250
                Limited
18.04.2001      Nedcor Investment Bank Holdings 70,000             ZAR250
                Limited


Following the above purchases, the total number of shares in Nedcor Limited in
which Mr Levett is now interested is 4,000 and the total number of shares in
Nedcor Investment Bank Holdings Limited in which he is now interested is
220,000.


                                                                 19 April 2001

ENQUIRIES
Old Mutual plc                                          Tel: [phone]

M C Murray, Group Company Secretary