Board Appointment

15th Nov 2006 11:00

Old Mutual PLC15 November 2006 Old Mutual plc Board Appointment Old Mutual plc is pleased to announce that Lars Otterbeck has been appointed asan independent non-executive director of the Company with effect from 14November 2006. Mr Otterbeck, 64, is currently a non-executive director of Old Mutual'ssubsidiary, ForsTM?kringsaktiebolaget Skandia (publ) ('Skandia'). He also chairsSkandia's Audit Committee. Mr Otterbeck's external roles include Chairman of Hakon Invest AB and nonexecutive director of AB Lindex, both listed on the Stockholm Stock Exchange. Heis Chairman of the SSE-MBA Foundation at the Stockholm School of Economics; ViceChairman of the Centre for Banking and Finance at the Royal Institute ofTechnology; Chairman of Naringslivets Borskommittee (Industry and Commerce StockExchange Committee) and Vice Chairman of the Swedish Corporate Governance Board. Commenting on his appointment, Chris Collins, Chairman of Old Mutual plc, said: "We are pleased to add a Swedish director to our Board following the acquisitionof Skandia. Lars brings considerable experience as a director of Skandia and asa prominent member of the Swedish business community. We look forward to workingwith him." 15 November 2006 For further information about Old Mutual plc, visit www.oldmutual.com. ENQUIRIES: Old Mutual plcMalcolm Bell - Investor Relations (UK) + 44 (0) 20 7002 7166Miranda Bellord - Media Relations (UK) + 44 (0) 20 7002 7133Deward Serfontein - Investor Relations (SA) + 27 (0) 21 509 8709Nad Pillay - Media Relations (SA) + 27 (0) 21 504 8026 College HillTony Friend + 44 (0) 20 7457 2020Gareth David + 44 (0) 20 7457 2020 This information is provided by RNS The company news service from the London Stock Exchange

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