RNS Number:8962Q
Old Mutual PLC
14 October 2003

                                OLD MUTUAL PLC

                Tom Boardman appointed Chief Executive of Nedcor

Old Mutual draws attention to today's announcement by Nedcor Limited ("Nedcor"),
the South African banking group in which it has a 53% stake, appointing Tom
Boardman as Chief Executive.

The full text of the Nedcor announcement is available on SENS, the JSE
Securities Exchange News Service and on Old Mutual's website, www.oldmutual.com.
A paper copy of the full Nedcor announcement is available from Investor
Relations, Old Mutual plc, 3rd Floor, Lansdowne House, 57 Berkeley Square,
London W1J 6ER.

14 October 2003


ENQUIRIES:

Old Mutual, London                                   Tel: +44 20 7002 7000
James Poole


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