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Fri 28 Dec 2007, 9:30 OML/OLM - Old Mutual plc - Transaction in own shares - Prohibited period share
OML
 OLOML                                                                           
OML/OLM - Old Mutual plc - Transaction in own shares - Prohibited period share  
repurchase programme                                                            
Old Mutual plc                                                                  
ISIN CODE: GB0007389926                                                         
JSE SHARE CODE: OML                                                             
NSX SHARE CODE: OLM                                                             
ISSUER CODE: OLOML                                                              
TRANSACTION IN OWN SHARES - PROHIBITED PERIOD SHARE REPURCHASE PROGRAMME        
Old Mutual plc ("Old Mutual") announces that it has entered into an irrevocable,
non-discretionary arrangement to purchase shares on the London Stock Exchange on
its own behalf for holding in Treasury during its prohibited period, which      
commences on 1 January 2008 and ends on the date of publication of Old Mutual`s 
preliminary results for the year ended 31 December 2007, which is expected to   
take place on 27 February 2008.                                                 
Any acquisitions will be effected within certain pre-set parameters, and in     
accordance with both Old Mutual`s general authority to repurchase shares and    
Chapter 12 of the Listing Rules of the UK Listing Authority.                    
Enquiries                                                                       
Investor Relations                                                              
Aleida van Herel           UK    +44 (0)20 7002 7287                            
Deward Serfontein          SA    +27 (0)21 509 8709                             
                                                                                
Media                                                                           
James Crampton             UK    +44 (0)20 7002 7133                            
Nad Pillay                 SA    +27 (0)82 553 7980                             
Ref 109/07                                                                      
28 December 2007                                                                
Sponsor                                                                         
Merrill Lynch                                                                   
Date: 28/12/2007 09:30:01 Produced by the JSE SENS Department.                  
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