Shares in issue

Old Mutual PLC
04 January 2006


                                 Old Mutual plc

                       Shares in issue at 31 December 2005

Old Mutual plc (the 'Company') announces that a total of 4,089,957,690 shares in
the Company were in issue at 31 December 2005. Changes since 30 June 2005 were
made up as follows:

Number of shares in issue at 30 June 2005:                         3,856,783,314

Shares issued during the period on exercise of
executive share options:                                               2,365,474

Shares issued during the period on exercise of
sharesave options:                                                       128,902

Shares issued in respect of the Company's Black 
Economic Empowerment ownership transaction:                          230,680,000

Shares in issue at 31 December 2005:                               4,089,957,690

                                                                  4 January 2006


ENQUIRIES:

Old Mutual plc UK
Miranda Bellord [phone]

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



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