Share Interest

Old Mutual PLC
31 January 2002

                                 OLD MUTUAL PLC

                                Share Interests

Old Mutual plc has been informed, by a letter dated 30 January 2002 which was
received today, that Barclays PLC, through its subsidiary, Barclays Bank PLC,
has a notifiable interest, for the purposes of Part VI of the Companies Act
1985, in 3.02% of the ordinary share capital of Old Mutual plc.

                                                                 31 January 2002


ENQUIRIES:

Martin Murray
Group Company Secretary
Tel:[phone]



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