RNS Number:3253T
Old Mutual South Africa Trust PLC
16 December 2003

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

 As at close of business on 12 December 2003, the unaudited net asset value per
share

of the Company was as follows:



Net asset value per ordinary 10p share: 92.83 pence



16 DECEMBER 2003







                                    - END -








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

NAVGUGWAPUPWGCQ