LONDON, United Kingdom, August 07, 2003 (PRIMEZONE) -- The Directors of Old Mutual plc (Other OTC:ODMTF) (LSE:OML) ("the Company") have declared an interim dividend of 1.7p per share for the six months to 30 June 2003, to be paid on Friday, 28 November 2003. The record date for this dividend payment is the close of business on Friday, 17 October 2003 for all the Exchanges where the Company's shares are listed. The last day to trade cum dividend on the JSE Securities Exchange South Africa ("JSE") and other African Exchanges will be Friday, 10 October 2003. The shares will trade ex dividend from the opening of business on Monday, 13 October 2003 on the JSE and the other African Exchanges and from the opening of business on Wednesday, 15 October 2003 on the London Stock Exchange.
Shareholders on the South African, Zimbabwe and Malawi branch registers and the Namibian section of the principal register will be paid the local currency equivalent of the dividend under the Dividend Access Trust arrangements established in each country. Local currency equivalents of the dividend will be determined by the Company using exchange rates prevailing at close of business on Thursday, 2 October 2003 and will be announced by the Company on Friday, 3 October 2003.
Shares certificates may not be dematerialised or rematerialised on the South African branch register between Monday, 13 October 2003 and Friday, 17 October 2003, both dates inclusive, and transfers between the registers may not take place during that period.