RNS Number:9853D
Old Mutual South Africa Trust PLC
02 June 2006

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



TEN LARGEST INVESTMENTS



In accordance with Listing Rule 15.4.11R(2), the Company announces that at 31
May 2006,

the ten largest investments in its portfolio were as follows:




Rank       Company                                                                   % of Gross Assets
    1      ANGLO AMERICAN CORPORATION USD0.50                                                    16.19
    2      BHP BILLITON PLC USD0.50                                                              15.64
    3      SASOL ZAR NPV                                                                          9.08
    4      STANDARD BANK GROUP ZAR0.1                                                             8.00
    5      MTN GROUP ZAR0.0001                                                                    6.39
    6      REMGRO ZAR0.01                                                                         5.00
    7      IMPERIAL HOLDINGS ZAR0.04                                                              4.52
    8      FIRSTRAND ZAR0.01                                                                      4.22
    9      GOLD FIELDS ZAR0.50                                                                    3.67
    10     TIGER BRANDS ZAR0.10                                                                   3.61





BNP Paribas Secretarial Services Limited

Secretary



2 JUNE 2006


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