LONDON, June 26, 2003 (PRIMEZONE) -- Mr. Peter Joubert, a non-executive Director of Old Mutual plc (Other OTC:ODMTF) (LSE:OML), retired from the Board of Old Mutual plc today following his reaching the age of seventy. He had been a Director of the Company since March 1999 and served on its Remuneration, Audit and Nomination Committees.
Commenting on Mr Joubert's retirement, Mike Levett, Chairman of Old Mutual plc, said: "We are very grateful to Peter for the valuable contribution he has made to the Board, and will miss his wise counsel and personal qualities. We wish him a long and happy retirement."