Skandia Group Dealing arrangements following delisting from the Stockholm Stock Exchange

Old Mutual plc (“Old Mutual”) draws attention to today’s announcement by its subsidiary, Försäkringsaktiebolaget Skandia (publ) (‘Skandia’), relating to dealing arrangements that will be in place after the delisting of the Skandia’s shares from the Stockholm Stock Exchange on the 5 June 2006 The full text of Skandia’s announcement is available on the Old Mutual website at www.oldmutual.com. Hard copies are also available from Corporate Affairs, Old Mutual plc, 5th Floor, Old Mutual Place, 2 Lambeth Hill, London EC4V 4GG or Old Mutual Square, Isibaya Building, 2nd Floor, 93 Grayston Drive, Sandton 2196, South Africa. 1 June 2006 ENQUIRIES: Old Mutual plc Malcolm Bell - Investor Relations (UK) + 44 (0) 20 7002 7166 Miranda Bellord - Media Relations (UK) + 44 (0) 20 7002 7133 Deward Serfontein - Investor Relations (SA) + 27 (0) 21 509 8709 Nad Pillay - Media Relations (SA) + 27 (0) 21 504 8026 For further information about Old Mutual plc visit www.oldmutual.com