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Statement re Possible Offer

13th May 2005 10:05

Old Mutual PLC13 May 2005 Response to Press Speculation Old Mutual plc ('Old Mutual') confirms that it is in preliminary discussionswith Skandia concerning a potential transaction. Discussions are at an earlystage and may or may not lead to Old Mutual making an offer for Skandia. Further announcements will be made in the event of any material developments. 13 May 2005 Enquiries: Old Mutual plc +44 (0 ) 20 7002 7000 James Poole Miranda Bellord College Hill +44 (0) 20 7457 2020 Alex Sandberg Tony Friend This information is provided by RNS The company news service from the London Stock Exchange

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Old Mutual PLC
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