LONDON, Oct. 4, 2002 (PRIMEZONE) -- In the interim results announcement of Old Mutual plc for the six months ended 30 June 2002 published on 12 August 2002, the directors declared an interim dividend of 1.7p per share or its equivalent in other currencies of payment. The Company's shares are listed on the London, Zimbabwe, Namibian and Malawi stock exchanges and the JSE Securities Exchange South Africa ("JSE").The local currency equivalents of the proposed dividend have now been established, using the exchange rates prevailing on 3 October 2002, as follows:
South Africa 27.72 South African cents per share Malawi 2.1320 Malawi Kwacha per share Namibia 27.72 Namibian cents per share Zimbabwe 1.4809 Zimbabwean dollars per share
The interim dividend will be paid on 29 November 2002.
The record date for this dividend payment is 18 October 2002 for all the exchanges where Old Mutual shares are listed. The shares will trade ex dividend from the opening of business on 14 October 2002 on the JSE and the Malawi, Namibian and Zimbabwe Stock Exchanges and the opening of business on 16 October 2002 on the London Stock Exchange.
The last day to trade cum dividend on the JSE and other African exchanges will be the close of business on Friday, 11 October 2002.
Shares may not be dematerialized or rematerialized in the context of the South African share trading system, STRATE, between Monday, 14 October 2002 and Friday, 18 October 2002, both dates inclusive.