Geac Computer Corporation Limited.

Old Mutual Goes Live on Geac Performance Management

    MARKHAM, Canada and STUDLEY, England, July 6 (ots/PRNewswire) -


      - International Financial Services Group Deploys Web-based System
for Financial Reporting, Data Consolidation, Budgeting, Forecasting
and Planning Worldwide

      Old Mutual plc, a FTSE 100 listed international financial
services group, has gone live on a Geac Performance Management
solution. The internet-based reporting, planning, budgeting,
forecasting and consolidation solution from Geac(R) (TSX: GAC,
NASDAQ: GEAC), a global enterprise software company for Business
Performance Management, will be used across Old Mutual's three
principal geographies: UK, South Africa and United States.

      Old Mutual is also working to meet IFRS requirements, which
require a much greater depth of information, expanding from 3,500
line items to 8,000 line items.

      Old Mutual's Geac Performance Management installation will ensure
data integrity and provide greater control over information. Old
Mutual will be able to consolidate data from across eight of its
major subsidiaries, including more than 100 business units,
incorporating cash flows, balance sheets, profit & loss, as well as
off balance sheet transactions and funds under management.

      Simon Cordier, project manager at Old Mutual, comments:


      "The Geac Performance Management solution will provide us with
the ability to consolidate and disclose the necessary levels of
detail required for segmental reporting for our business units. It
also provides a platform to ensure that each unit can provide
valuable, transparent management information to help ensure ongoing
profitability."

      About Old Mutual


      Old Mutual plc is an international financial services group whose
activities are focused on asset gathering and asset management in its
three key territories:

      - South Africa - where it is the largest financial services
group, providing life assurance, institutional and retail asset
management, banking and general insurance operations.

      - United States of America - where it is one of the top ten fixed
annuity businesses and operates through 21 asset management
businesses offering a diverse range of investment styles and
products.

      - United Kingdom - where it is listed in the UK FTSE 100 index
with a market capitalisation of pnds stlg 3.8 billion.

      Old Mutual has been in business for more than 150 years with 60%
of its business in South Africa, 30% in the United States and 10% in
the United Kingdom. It is listed on the following stock exchanges:
London, Zimbabwe, Johannesburg, ZSE, Mongolian and New York.

      About Geac


      Geac (TSX: GAC, NASDAQ:GEAC) is a global enterprise software
company for Business Performance Management, providing customers
worldwide with the core financial and operational solutions and
services to improve their business performance in real time. Further
information is available at http://www.geac.com or through e-mail at
info@geac.com.

      This press release may contain forward-looking statements based
on current expectations. Important factors that could cause a
material difference between these forward-looking statements and
actual events include those set forth under the heading "Risk
Factors" in Geac's annual report on Form 20-F, No. 333-103019, for
the fiscal year ended April 30, 2003, filed on October 31, 2003 with
the United States Securities and Exchange Commission available
through the website maintained by the SEC at www.sec.gov, and filed
on November 3, 2003 with the Canadian Securities Administrators and
available through the website maintained by the Canadian Securities
Administrators and the Canadian Depository for Securities Limited at
www.sedar.com. Geac is a registered trademark of Geac Computer
Corporation Limited. All other marks are trademarks of their
respective owners.

ots Originaltext: Geac Computer Corporation Limited.
Im Internet recherchierbar: http://www.newsaktuell.ch

Contact:
Investor Contact: Alys Scott, Geac, +1-905-940-3751,
alys.scott@geac.com; European Media Contacts: Alexandra Bell,
Citigate Dewe Rogerson, +44-1604-232-223,
alexandra.bell@citigatedr.co.uk; Richard Moore, Geac,
+44-1527-496-200, richard.moore@geac.com; North America Media
Contact: David Domeshek, Geac, +1-508-871-5064,
david.domeshek@geac.com



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