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Old Mutual Plc - Mr Laubscher ceases to be a Director of the Company.           
OLD MUTUAL PLC                                                                  
ISIN CODE: GB0007389926                                                         
JSE SHARE CODE: OML                                                             
NSX SHARE CODE: OLM                                                             
ISSUER CODE: OLOML                                                              
Mr Richard Laubscher has ceased to be an executive Director of Old Mutual plc   
today upon stepping down as Chief Executive of Nedcor Limited.  He had been a   
Director of the Company since January 2001. He has also resigned his            
directorship of Old Mutual Life Assurance Company of South Africa.              
8 December 2003                                                                 
Enquiries                                                                       
James Poole (+44) 20 7002 7000                                                  
Director, Investor Relations                                                    
Date: 08/12/2003 04:55:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             

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