Re M&F Final Results

Old Mutual PLC
09 February 2005


                                 Old Mutual plc


                   Mutual & Federal Insurance Company Limited

                  Results for the year ended 31 December 2004



Mutual & Federal Insurance Company Limited ('Mutual & Federal'), the South
African general insurance subsidiary of Old Mutual plc ('Old Mutual') has today
issued its financial results for the year ended 31 December 2004.


The full text of the Mutual & Federal announcement is available on the Old
Mutual website at www.oldmutual.com or on the JSE Securities Exchange News
Service (SENS). A hard copy is also available 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.


Old Mutual will release its preliminary results on 28 February 2005.



                                                                 9 February 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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