RNS Number:4038L
Old Mutual PLC
21 May 2003

Pricing Supplement

Issuer:                           Old Mutual plc
Series Number                     7
Description:                      Issue of US$750,000,000 8 per cent. 
                                  Subordinated Cumulative Perpetual Notes
Currency/ Principal Amount:       U.S. dollars
Issue Price:                      97.25 per cent.
Specified Denomination            US$1,000
Issue Date:                       22 May 2003
Maturity Date:                    None
ISIN:                             GB0033038141

A copy of the above 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:

Financial Services Authority
25 The North Colonnade Canary Wharf
London
E14 5HS

Tel. no. (0)20 7676 1000

(Documents will normally be available for inspection within six normal
business hours of this notice being given).


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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