LONDON, Oct. 9, 2002 (PRIMEZONE) -- Old Mutual(Other OTC:ODMTF) (LSE:OML) draws attention to the announcement made today by Nedcor Limited (Other OTC:NDCRF) ("Nedcor"), the South African banking group in which it has a 53.2% holding, outlining the changes to the board of directors.
The changes follow from the recent merger with BoE Ltd and the associated group restructuring including the delisting of Nedcor Investment Bank Holdings Ltd (NIB).The full text of Nedcor's announcement is available on the JSE Securities Exchange News Service (SENS) and also on Old Mutual's website, www.oldmutual.com. A paper copy of the full Nedcor announcement is available from Investor Relations, Old Mutual plc, 3rd Floor, Lansdowne House, 57 Berkeley Square, London W1J 6ER.