RNS Number:1000V
Old Mutual South Africa Trust PLC
02 December 2005

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

TEN LARGEST INVESTMENTS

In accordance with Listing Rule 15.4.11(2), the Company announces that at 30
November 2005, the ten largest investments in its portfolio were as follows:

Rank        Company                                          % of Gross Assets
     1      ANGLO AMERICAN CORPORATION USD0.50                           15.43
     2      BHP BILLITON PLC USD0.50                                     13.68
     3      STANDARD BANK GROUP ZAR0.1                                    7.51
     4      SASOL ZAR NPV                                                 6.75
     5      FIRSTRAND ZAR1                                                6.73
     6      MTN GROUP ZAR0.0001                                           6.21
     7      IMPERIAL HOLDINGS ZAR0.04                                     4.63
     8      TRUWORTHS INTERNATIONAL LTD ZAR0.00015                        4.60
     9      REMGRO ZAR0.01                                                3.92
    10      NASPERS 'N' SHARES ZAR0.02                                    3.87



BNP Paribas Secretarial Services Limited

Secretary

2 DECEMBER 2005


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

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