RNS Number:7999K
Old Mutual South Africa Trust PLC
07 May 2003

OLD MUTUAL SOUTH AFRICA TRUST PLC

As at close of business on 30 April 2003, the unaudited net asset value per
share

of the Company was as follows:



Net asset value per ordinary 10p share: 68.02p
Ten largest holdings as at 30 April 2003:
                                                      Market value of
                                                             holdings
                                                              (#'000)
1          Anglo American Corporation                           5,193
2          BHP Billiton plc                                     2,715
3          Sasol                                                2,016
4          Gold Fields                                          1,973
5          Standard Bank Group                                  1,843
6          Remgro                                               1,548
7          Nedcor                                               1,475
8          Gencor                                               1,442
9          Old Mutual                                           1,390
10         Murray & Roberts Holdings                            1,324
                                                      ---------------

                                                               20,919

                                                     ----------------



7 MAY 2003


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