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Tue 12 Feb 2002, 0:00 Old Mutual Plc - Nedcor Results
OLD MUTUAL PLC
ISIN CODE: GB0007389926
SHARE CODE: OML
ISSUER CODE: OLOML
Nedcor Limited (NED SJ)
Results for the year ended 31 December 2001
Nedcor Ltd ("Nedcor"), the South African banking group, in which Old Mutual
plc ("Old Mutual") has a 51% holding, has today issued financial results for
the year ended 31 December 2001.
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.  The results have been drawn up in accordance with South
African Generally Accepted Accounting Practice (GAAP) and will be
consolidated in the accounts of Old Mutual in accordance with UK GAAP. Old
Mutual will release its preliminary results on 25 February 2002.
Commenting on Nedcor's results, Jim Sutcliffe, chief executive of Old Mutual
said:
"These are very strong results which have been achieved in a challenging
environment."
12 February 2002
ENQUIRIES:
Old Mutual, London                   Tel: + 44 20 7569 0100
Zoleka Mzimba
College Hill, London                 Tel: + 44 20 7457 2020
Nicholas Williams
Old Mutual, Cape Town                Tel: + 27 21 509 2732
Bruce Allen



 


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