Old Mutual plc Shares in Issue


LONDON, July 14, 2003 (PRIMEZONE) -- Old Mutual plc (Other OTC:ODMTF) (LSE:OML) ("the Company") announces that a total of 3,832,260,238 shares in the Company were in issue at 30 June 2003. Changes since 31 December 2002 were as follows:


 Number of shares in issue at 31 December 2002        3,782,506,372

 Shares issued during the period on exercise of             186,121
 executive share options

 Shares issued during the period on exercise of              47,745
 sharesave options

 Shares issued on 12 March 2003 under placing announced  49,520,000
 on 6 March 2003

 Shares in issue at 30 June 2003                      3,832,260,238

The above figures for shares issued on exercise of options relate to shares issued under the Company's Share Option and Deferred Delivery Plan and Savings-Related Share Option Scheme, together with shares in the Company issued on exercise of rollover executive and sharesave options arising from the acquisition of Gerrard Group plc in 2000.



            

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