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Thu 28 Apr 2005, 12:18 Old Mutual Finance (Cayman Islands) Limited 3.625%
Old Mutual Plc - Old Mutual Finance (Cayman Islands) Limited 3.625% Guaranteed  
Convertible Bonds                                                               
Old Mutual Plc                                                                  
ISIN CODE: GB0007389926                                                         
JSE SHARE CODE: OML                                                             
NSX SHARE CODE: OLM                                                             
ISSUER CODE: OLOML                                                              
Old Mutual Finance (Cayman Islands) Limited 3.625% Guaranteed Convertible Bonds 
On 25 April 2005, the deadline passed for holders of 3.625% Guaranteed          
Convertible Bonds issued by Old Mutual Finance (Cayman Islands) Limited, a      
wholly-owned subsidiary of Old Mutual plc, to elect to convert their bonds into 
preference shares immediately exchangeable for Old Mutual plc ordinary shares.  
No bondholders have elected to convert and therefore the $636,286,000 of        
outstanding bonds will be redeemed at their principal amount on 3 May 2005.     
28 April 2005                                                                   
ENQUIRIES:                                                                      
Old Mutual plc UK                                                               
Miranda Bellord         +44 (0) 20 7002 7133                                    
Old Mutual plc SA                                                               
Nad Pillay              +27 (0) 21 504 8026                                     
For further information about Old Mutual plc visit www.oldmutual.com            
Date: 28/04/2005 12:00:10 PM  
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