LONDON, July 24, 2002 (PRIMEZONE) -- Old Mutual plc ("Old Mutual") draws attention to today's announcement by Nedcor Investment Bank Holdings Ltd. ("NIB"), the South African investment bank, in which Nedcor Limited ("Nedcor") has majority control, detailing its financial results for the six months ended June 30, 2002. Old Mutual has a 53% holding in Nedcor.
The full text of the NIB announcement is available on SENS, the JSE Securities Exchange News Service and on Old Mutual's website, www.oldmutual.com. A paper copy of the full NIB announcement is available from Investor Relations, Old Mutual Plc, 3rd Floor, 57 Berkeley Square, London W1J 6ER.