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NEDCOR - OLD MUTUAL TRADING STATEMENT                                           
Nedcor Limited                                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1966/010630/06)                                            
Share Code: NED ISIN: ZAE000004875                                              
("Nedcor")                                                                      
OLD MUTUAL TRADING STATEMENT                                                    
Nedcor draws attention to a trading statement by its holding company, Old       
Mutual plc, the full text of which is available on the JSE Securities           
Exchange News Service (SENS).                                                   
Johannesburg                                                                    
17 May 2002                                                                     
Date: 17/05/2002 02:54:12 PM Produced by the SENS Department                    

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