Old Mutual plc: Final Dividend for the Year Ended December 31, 2000


LONDON, April 17, 2001 (PRIMEZONE) -- In the final results announcement of Old Mutual (LSE:OML) for the year ended December 31, 2000, published on March 6, 2001, the directors recommended a final dividend of 3.1p per share (making a total of 4.7p for the year).

The record date for this dividend payment is April 20, 2001 for all the exchanges where Old Mutual shares are listed. The ex-dividend date is the opening of business tomorrow, April 18, 2001 on all those exchanges.

The local currency equivalents of the proposed dividend have now been established, using the exchange rates prevailing on April 12, 2001.

These dividends are as follows:

 -- South Africa 35.77 South African cents per share
 -- Malawi 3.5676 Malawi Kwacha per share
 -- Namibia 35.77 Namibian cents per share
 -- Zimbabwe 2.4625 Zimbabwean dollars per share

Subject to being approved by shareholders at the Annual General Meeting on 18 May 2001, the final dividend will be paid on 31 May 2001.


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