LONDON, July 28, 2003 (PRIMEZONE) -- Mr. Murray Stuart, a non-executive Director of Old Mutual plc (Other OTC:ODMTF) (LSE:OML), retired from the Board of Old Mutual plc today upon reaching the age of seventy. He has also today ceased to be a member of the Company's Remuneration and Audit Committees. He had been a Director of the Company since March 1999, and was the senior independent non-executive Director and Chairman of the Nomination Committee until February 2003.
Commenting on Mr. Stuart's retirement, Mike Levett, Chairman of Old Mutual plc, said: "I would like to thank Murray for his valuable contribution to the Board and its Committees over the past four years. We wish him a long and happy retirement."
July 28, 2003