Transaction in Own Shares

Old Mutual PLC
07 May 2008

Old Mutual plc



Ref 107/08

7 May 2008

                           Transaction in Own Shares


Old Mutual plc ('the Company') announces that on 6 May 2008 it purchased through
Merrill Lynch South Africa (Pty) Limited a total of 980,254 of the Company's
ordinary shares of 10p each.

All of these shares were acquired on the JSE Limited at an average price of ZAR
18.9315 per share.

The purchased shares will be held in treasury.  The Company's current issued
share capital is now 5,279,435,678 ordinary shares of 10p each (excluding the
234,201,942 shares that have so far been repurchased into treasury).

Old Mutual

For further information on Old Mutual plc, please visit the corporate website at
www.oldmutual.com



Enquiries


Investor Relations
Aleida White                      UK       [phone]
Deward Serfontein                 SA       [phone]

Media
Matthew Gregorowski               UK       [phone]
Nad Pillay                        SA       [phone]






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