Aviva PLC — Capital/Financing Update 2016

Sep 14, 2016

Final Terms dated 12 September 2016

Aviva plc

Issue of €350,000,000 0.100 per cent. Senior Notes due 13 December 2018

under the £7,000,000,000

Euro Note Programme

PART A - CONTRACTUAL TERMS FOR SENIOR NOTES

Terms used herein shall be deemed to be defined as such for the purposes of the Terms and Conditions of the Senior Notes (the "Conditions") set forth in the Prospectus dated 22 April 2016 and the supplemental Prospectus dated 30 August 2016 which together constitute a base prospectus for the purposes of the Prospectus Directive (Directive 2003/71/EC) (and amendments thereto, including Directive2010/73/EU) (the "Prospectus Directive"). This document constitutes the Final Terms of the Notes described herein for the purposes of Article 5.4 of the Prospectus Directive and must be read in conjunction with such Prospectus as so supplemented. Full information on the Issuer and the offer of the Notes is only available on the basis of the combination of these Final Terms and the Prospectus as so supplemented. The Prospectus and the supplemental Prospectus are available for viewing free of charge on the website of the Regulatory News Service operated by the London Stock Exchange at http://www.londonstockexchange.com/exchange/news/market-news/market-news-home.html.

1	Issuer:		Aviva plc
$\overline{2}$	(i)	Series Number:	14
	(ii)	Tranche Number:	1
3		Specified Currency or Currencies:	Euro (" $\mathcal{C}$ ")
4	Aggregate Nominal Amount of Notes admitted to trading:		€350,000,000
	(i)	Series:	€350,000,000
	(ii)	Tranche:	€350,000,000
5	Issue Price:		99.971 per cent. of the Aggregate Nominal Amount
6	(i)	Specified Denominations:	€100,000 and integral multiples of €1,000 in excess thereof up to and including $€199,000$ . No Notes in definitive form will be issued with a denomination above €199,000
	(ii)	Calculation Amount (Definitive Notes only):	€1,000
7	(i)	Issue Date:	14 September 2016
	(ii)	Interest Commencement Date:	Issue Date
8	Maturity Date:		13 December 2018
9	Interest Basis:		0.100 per cent. Fixed Rate
10	Change of Interest Basis		Not Applicable
11	Redemption Basis		Redemption at par
12	Put/Call Options:		Not Applicable
13	(i)	Status of the Notes:	Senior
	(ii) obtained:	Date of the Board approval for issuance of Notes	3 August 2016

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE

14	Fixed Rate Note Provisions:		Applicable
	(i)	Rate of Interest:	0.100 per cent. per annum payable annually
	(ii)	Interest Payment Date(s):	13 December in each year, commencing on 13 December 2016 (short first coupon)
	(iii)	Fixed Coupon Amount:	$€1.00$ per Calculation Amount
	(iv)	Broken Amount(s):	$€0.24657534$ per Calculation Amount payable on the Interest Payment Date falling on 13 December 2016
	(v)	Day Count Fraction:	Actual/Actual - ICMA
	(vi)	Determination Dates:	Not Applicable
	(vii)	Business Day Convention:	Not Applicable
15		Floating Rate Note Provisions:	Not Applicable
16	Zero Coupon Note Provisions:		Not Applicable
PROVISIONS RELATING TO REDEMPTION Call Option: 17			Not Applicable
18	Put Option:		Not Applicable
19	Early Redemption Amount
20	Early Redemption Amount(s) per Calculation Amount payable on redemption for taxation reasons or on event of default or other early redemption: Final Redemption Amount of each Note:		$€1,000$ per Calculation Amount $€1,000$ per Calculation Amount
	GENERAL PROVISIONS APPLICABLE TO THE NOTES
21	Form of Notes:		Bearer Notes: Temporary Global Note exchangeable for a Permanent Global Note which is exchangeable for Definitive Notes in the limited circumstances specified in the Permanent Global Note
22		New Global Note (Bearer Notes):	Yes
23		Global Certificates (Registered Notes):	No
24		New Safekeeping Structure (Registered	No
Notes): 25	Additional Financial Centre(s) or other		London
26		special provisions relating to Payment Dates: Talons for future Coupons to be attached to Definitive Notes (and dates on which such Talons	N o
mature): DISTRIBUTION
27		U.S. selling restrictions:	Reg. S Compliance Category; TEFRA D
28		Additional selling restrictions:	Not Applicable

Signed on behalf of the Issuer:

By:

SIMON PLUK Duly authorised

PART B - OTHER INFORMATION

1	LISTING
	Listing:		London
	(i)	Admission to trading:	Application has been made for the Notes to be admitted to trading on the London Stock Exchange with effect from 14 September 2016
$\overline{2}$	Estimate of total expenses related to (ii) admission to trading: RATINGS Ratings:		£3,600
			The Notes to be issued are expected to be rated:
			S&P: A- (stable)
			Moody's: A3 (stable)
3	INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE So far as the Issuer is aware, no person involved in the offer of the Notes has an interest material to the offer.
4	Fixed Rate Notes only - YIELD
	Indication of yield:		$0.113\%$
			The yield is calculated at the Issue Date on the basis of the Issue Price. It is not an indication of future yield.
5	OPERATIONAL INFORMATION
	ISIN Code:		XS1490131056
		Common Code:	149013105
	Any clearing system(s) other than Euroclear Bank S.A./N.V. and Clearstream Banking société anonyme and the relevant identification $number(s)$ :		Not Applicable
		Names and addresses of additional Paying $Agent(s)$ (if any):	Not Applicable

$\mathcal{L}(\mathcal{C})$ .