Old Mutual -- Nedcor raises capital


LONDON, Sept. 25, 2003 (PRIMEZONE) --Old Mutual (Other OTC:ODMTF) draws attention to today's announcement by Nedcor Limited ("Nedcor"), the South African banking group in which it has a 53% stake, regarding capital raising activities of Nedcor's subsidiary, Nedbank Limited.

The full text of the Nedcor 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 announcement is available from Investor Relations, Old Mutual plc, 3rd Floor, Lansdowne House, 57 Berkeley Square, London W1J 6ER.



            

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