RNS Number:1051T
Old Mutual South Africa Trust PLC
10 December 2003

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

 As at close of business on 5 December 2003, the unaudited net asset value per
share

of the Company was as follows:



Net asset value per ordinary 10p share: 94.92 pence



10 DECEMBER 2003







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