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Mon 18 Oct 2004, 14:52 Shares in issue and applications for block listing
Old Mutual Plc - Shares in issue and applications for block listing             
OLD MUTUAL PLC                                                                  
ISIN CODE: GB0007389926                                                         
JSE SHARE CODE: OML                                                             
NSX SHARE CODE: OLM                                                             
ISSUER CODE: OLOML                                                              
Shares in issue and applications for block listing                              
Old Mutual plc (the `Company`) announces that the number of shares in the       
Company in issue at 8 October 2004 was 3,852,199,983.                           
Applications have been made by the Company to the UK Listing Authority and the  
London Stock Exchange for the admission to listing and trading, under the block 
listing procedure, of up to 17,308,268 shares in the Company pursuant to the    
Group`s share option schemes (King & Shaxson Executive Share Option Scheme,     
15,791; The Gerrard Group 1996 Company Share Option Scheme, 229,909; The Old    
Mutual Share Option and Deferred Delivery Plan, 17,062,568).                    
2,691,732 of those shares are issued to cover shares already allotted, mainly by
way of recent exercises of options under the Company`s share option schemes by  
employees of Gerrard Limited, a former subsidiary of the Company, and are       
included in the Company`s issued share capital at 8 October 2004 detailed above.
Applications are also being made to each of the other exchanges on which the    
Company`s shares are listed for the additional issued shares to be admitted to  
listing.                                                                        
18 October 2004                                                                 
Enquiries:                                                                      
Old Mutual plc UK                                                               
Miranda Bellord    +44 (0) 20 7002 7133
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