Transaction in Own Shares

Old Mutual PLC
24 October 2007


                                 Old Mutual plc

Ref 68/07
24 October 2007
                           Transaction in Own Shares


Old Mutual plc ('the Company') announces that on 23 October 2007 it purchased
through Merrill Lynch International and Merrill Lynch South Africa (Pty) Limited
a total of 1,690,171 of the Company's ordinary shares of 10p each.

500,000 of these shares were acquired on the London Stock Exchange at an average
price of 168.80 pence per share and 1,190,171 shares were acquired on the JSE
Limited at an average price of ZAR 23.55 per share.

The purchased shares will be held in treasury.  The Company's current issued
share capital is now 5,485,724,753 ordinary shares of 10p each (excluding the
22,957,771 shares that have so far been repurchased into treasury).

Old Mutual

For further information on Old Mutual plc, please visit the corporate website at
www.oldmutual.com


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