LONDON, July 2, 2002 (PRIMEZONE) -- Old Mutual (Pink Sheets:ODMTF) draws attention to the joint announcement by its subsidiary Nedcor Limited ("Nedcor"), the South African banking group, in which it has a 53% holding and BoE Limited ("BoE"), made today, detailing the sanctioning of the share scheme and convertible debenture scheme by the High Court of South Africa (Cape of Good Hope Provincial Division).
The full text of the Nedcor/BoE announcement is available on SENS, the JSE Securities Exchange News Service and on Old Mutual's website, www.oldmutual.com. A paper copy of the full Nedcor/BoE announcement is available from Investor Relations, Old Mutual Plc, 3rd Floor, 57 Berkeley Square, London W1J 6ER.
2 July 2002