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Thu 24 Jun 2004, 15:09 BOARD APPOINTMENT
Jse: Oloml 

Release Date: 24/06/2004 15:00:01      Code(s): OML        
OLD MUTUAL PLC - BOARD APPOINTMENT                                              
Old Mutual Plc                                                                  
ISIN Code: GB0007389926                                                         
JSE Share Code: OML                                                             
NSX Share Code: OLM                                                             
Issuer Code: OLOML                                                              
BOARD APPOINTMENT                                                               
Old Mutual plc is pleased to announce that Russell Edey has been appointed as a 
non-executive director with effect from 24 June 2004.                           
Russell Edey (aged 61) is deputy chairman of N M Rothschild Corporate Finance   
Limited, a non-executive director of FKI plc and Chairman of Anglogold Ashanti  
Ltd.  He has also previously served on the boards of English China Clays plc,   
Wassall plc, Northern Foods plc and Express Dairies plc.                        
Russell Edey`s career began in the Finance Division of the Anglo American       
Corporation of South Africa Ltd in Johannesburg.  In the 1970s he was General   
Manager - Corporate Finance of Capel Court Corporation in Melbourne.  He joined 
Rothschild in 1977 and was Head of Corporate Finance from 1991-1996.            
Mr. Edey, who is a Chartered Accountant, will also be joining the Company`s     
Audit Committee.                                                                
Commenting on his appointment, Mike Levett, Chairman of Old Mutual plc, said:   
`I am delighted that Russell Edey has agreed to join the Old Mutual Board.  He  
has a tremendous reputation in the City and is also well known in South Africa  
through his association with AngloGold Ashanti.  His long and distinguished     
track record in investment banking, together with his wealth of experience as a 
non-executive director, will be invaluable in developing Old Mutual`s business  
in the future.`                                                                 
24 June 2004                                                                    
ENQUIRIES:                                                                      
Old Mutual plc, UK                                                              
Miranda Bellord                                                                 
Tel: +44 (0)20 7002 7133                                                        
Old Mutual plc, SA                                                              
Nad Pillay                                                                      
Tel: +27 21 504 8026                                                            
Or   +27 11 217 1606                                                            
College Hill (UK)                                                               
Tony Friend                                                                     
Tel: +44 (0)20 7457 2020                                                        
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