RNS Number:0423T
Old Mutual South Africa Trust PLC
09 December 2003

OLD MUTUAL SOUTH AFRICA TRUST PLC (the "Company")



The Company is pleased to announce that at this morning's Annual General
Meeting, Resolution 7

in favour of the Company continuing for a further year as an investment trust
was passed.

Approximately 70% of the proxies received and shareholders voting at the meeting
supported the

continuation resolution.



The Company is also pleased to confirm that the sterling capital return for the
twelve months of the

current financial year to 30 November 2003 was 34.6%, compared to its benchmark,
the FTSE/JSE

All Share Index of 33.5%. Since 1 January 2002 (the date the benchmark changed)
the Company's

sterling capital return was 60.5%, an outperformance of 12.4% against its
benchmark.





9 DECEMBER 2003


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

NAVUUGPGPUPWGWB