OLD MUTUAL PLC
ISIN CODE: GB0007389926
SHARE CODE: OML
ISSUER CODE: OLOML
Nedcor Limited (NED SJ)/BoE Limited (BOE SJ)
Nedcor Investment Bank (NIB SJ) - Further cautionary announcement
Old Mutual draws attention to the joint announcement by its subsidiary
Nedcor Limited ("Nedcor"), the South African banking group, in which it has
a 53% holding and BoE Limited ("BoE"), detailing the financial effects of
the offer for the issued shares of BoE by way of a scheme of arrangement.
Shareholders are also advised that discussions with Nedcor Investment Bank
("NIB") on terms to buyout the minority shares in NIB are continuing and
therefore a further cautionary is included in the announcement.
The full text of the Nedcor/BoE announcement is available on SENS, the JSE
Securities Exchange News Service and on Old Mutual`s website,
www.oldmutual.com.
28 May 2002
ENQUIRIES:
Old Mutual, London Tel: +44 20 7569 0100
James Poole
College Hill, London Tel: +44 20 7457 2020
Nicholas Williams
Date: 28/05/2002 08:39:59 AM Produced by the SENS Department
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