LONDON, Aug. 12, 2002 (PRIMEZONE) -- The Board of Old Mutual plc ("the Company") has declared an interim dividend of 1.7p per share for the six months to June 30, 2002, to be paid on November 29, 2002 to shareholders on the register at close of business on October 18, 2002.
The Company's shares are listed on the London, Zimbabwe, Namibian and Malawi stock exchanges and the JSE Securities Exchange South Africa ("JSE"). The shares will trade ex dividend from the opening of business on October 14, 2002 on the JSE and the Malawi, Namibian and Zimbabwe Stock Exchanges and the opening of business on October 16, 2002 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 on October 3, 2002. An announcement of the local currency equivalents will be made by the Company on October 4, 2002. The last day to trade cum dividend on the JSE and other African exchanges will be the close of business on Friday, October 11, 2002. Shares may not be dematerialised or rematerialised in the context of the South African share trading system, STRATE, between Monday, October 14, 2002 and Friday, October 18, 2002, both dates inclusive.