RNS Number:6523L
Old Mutual South Africa Trust PLC
28 May 2003



 OLD MUTUAL SOUTH AFRICA TRUST PLC (the "Company")

 As at close of business on 23 May 2003, the unaudited net asset value per share

of the Company was as follows:



Net asset value per ordinary 10p share: 66.94 pence



28 MAY 2003







                                    - END -








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

NAVPUUMPAUPWGMR