Transaction in Own Shares

Old Mutual PLC
23 April 2008

Old Mutual plc



Ref 97/08

23 April 2008

                           Transaction in Own Shares



Old Mutual plc ('the Company') announces that on 22 April 2008 it purchased
through Merrill Lynch South Africa (Pty) Limited a total of 780,000 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
18.7936 per share.



The purchased shares will be held in treasury.  The Company's current issued
share capital is now 5,283,359,727 ordinary shares of 10p each (excluding the
230,251,893 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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