LONDON, Sept. 2, 2002 (PRIMEZONE) -- Old Mutual draws attention to today's announcement by its subsidiary Nedcor Limited ("Nedcor"), the South African banking group, in which it has a 53% stake, regarding the future of BoE Asset Management.
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, 57 Berkeley Square, London W1J 6ER.