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Prudential plc Major Shareholding Notification 2011

Mar 30, 2011

50562_rns_2011-03-30_5ff8134e-65c5-47f9-8f46-5e92065f838a.pdf

Major Shareholding Notification

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Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and the Singapore Exchange Securities Trading Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss however arising from or in reliance upon the whole or any part of the contents of this announcement.

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(Incorporated and registered in England and Wales under the number 01397169)

(Stock code: 2378)

OVERSEAS REGULATORY ANNOUNCEMENT

NOTIFICATION OF MAJOR INTERESTS IN SHARES

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

  1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Prudential plc

  1. Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

An acquisition or disposal of instruments with similar economic effect to qualifying

financial instruments

  1. Full name of person(s) subject to the notification obligation:

BlackRock Inc.

  1. Full name of shareholder(s) (if different from 3.):

N/A

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  1. Date of the transaction and date on which the threshold is crossed or reached:

24 March 2011

  1. Date on which issuer notified:

28 March 2011

  1. Threshold(s) that is/are crossed or reached:

Holding has gone below 5%

  1. Notified details:

8A: Voting rights attached to shares

Class/type of shares:

GB0007099541

Situation previous to the Triggering transaction:

No of Shares No of Voting Rights 126,685,887 126,685,887

Resulting situation after the triggering transaction:

No of sharesDirectN/A No of voting rightsDirectIndirectN/A124,830,761 % of voting rightsDirectIndirectN/A4.90%

8B: Financial Instruments

Resulting situation after the triggering transaction:

Type of Expiration date Exercise/ Number of voting rights % of voting financial Conversion that may be acquired if rights instrument Period/Date the Instrument is exercised/ converted

N/A

N/A

N/A

N/A N/A

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8C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Type of Exercise Expiration Exercise/ Number of % of voting rights financial price date Conversion voting instrument Period/ rights Nominal Delta Date instrument refers to CFD N/A N/A N/A 1,262,821 0.05% 0.05%

Total (A+B+C): Number of voting rights % of voting rights 126,093,582 4.95%

  1. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

BlackRock Investment Management (UK) Limited – 126,093,582(4.95%)

Proxy Voting:

  1. Name of the proxy holder:

N/A

  1. Number of voting rights proxy holder will cease to hold:

N/A

  1. Date on which proxy holder will cease to hold voting rights:

N/A

  1. Additional information:

Prudential plc is not affiliated in any manner with Prudential Financial, Inc. a company whose principal place of business is in the United States of America.

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Contact name for enquiries

Anneka Kingan [email protected]

+44 20 7548 3807

Company official responsible for making notification

Clive Burns, Head of Group Secretariat +44 20 7548 3805

As at the date of this announcement, the Board of Directors of Prudential plc comprises:

Executive Directors Independent Non-executive Directors
Cheick Tidjane Thiam (Group Chief Executive) Harvey Andrew McGrath (Chairman)
Nicolaos Andreas NicandrouACA Keki Bomi DadisethFCA
Robert Alan Devey Howard John Davies
John William Foley Michael William Oliver Garrett
Michael George Alexander McLintock Ann Frances GodbehereFCGA
Barry Lee Stowe Bridget Ann Macaskill
Michael Andrew Wells Paul Victor Falzon Sant Manduca
Kathleen Anne O’DonovanACA
James Hood Ross
Lord Andrew TurnbullKCB CVO

* For identification purpose

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