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Mon 17 Nov 2003, 13:36 Nedcor Limited - Trading update, cautionary annou
Old mutual Plc - Nedcor Limited - Trading update, cautionary announcement and   
                 update on strategic recovery programme                         
OLD MUTUAL PLC                                                                  
ISIN CODE: GB0007389926                                                         
JSE SHARE CODE: OML                                                             
NSX SHARE CODE: OLM                                                             
ISSUER CODE: OLOML                                                              
Nedcor Limited - Trading update, cautionary announcement and update on strategic
recovery programme                                                              
Old Mutual plc ("Old Mutual") draws attention to today"s trading update,        
cautionary announcement and update on strategic recovery programme by Nedcor    
Limited ("Nedcor"), the South African banking group in which it has a 53 per    
cent. interest.                                                                 
The full text of Nedcor"s announcement is available on the JSE Securities       
Exchange News Service (SENS) and can also be accessed on Old Mutual"s website,  
www.oldmutual.com.  A paper copy of the full Nedcor announcement is available   
from Investor Relations, Old Mutual plc, Old Mutual Place, 2 Lambeth Hill,      
London EC4V 4GG.                                                                
Old Mutual will be providing an update on current trading activities in respect 
of the whole Old Mutual Group at 7.00 a.m. (UK time) tomorrow.                  
17 November 2003                                                                
ENQUIRIES:                                                                      
Old Mutual plc, London   Tel:  +44 20 7002 7000                                 
James Poole, Director of Investor Relations                                     
Date: 17/11/2003 01:30:13 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department
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