Rule 8.1 - Prudential Plc

Lloyds TSB - Securities Administration
                  

DEALINGS BY PERSONS WHO OWN OR CONTROL 1% OR MORE OF ANY CLASS OF RELEVANT
                               SECURITY
         (Rule 8.3 of The City Code on Takeovers and Mergers)


Name of purchaser/vendor *                  Lloyds TSB Group Plc
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Company dealt in                            Prudential Plc  (PRU )
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Relevant security dealt in                  Ord GBP0.05
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If a connected EFM, name of offeree/offeror
 with which connected                       N/A
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If a connected EFM, nature of connection #  N/A
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Date of dealing                             03/11/2005
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DEALINGS †


Amount bought                               Price per unit (currency must be stated)
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Amount sold                                 Price per unit (currency must be stated)
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652                                         4.8956 GBP
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461                                         4.9114 GBP
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385                                         4.9156 GP
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12                                          4.916 GBP
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413                                         4.926 GBP
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1638                                        4.9314 GBP
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1177                                        4.9406 GBP
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542                                         4.9475 GBP
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1537                                        4.9509 GBP
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1165                                        4.951 GBP
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9                                           4.9556 GBP
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680                                         4.956 GBP
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355                                         4.9606 GBP
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363                                         4.9805 GBP
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733                                         4.9856 GBP
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360                                         4.9906 GBP
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Resultant total amount and percentage of the
 same relevant security owned or controlled 37,681,988 ( 1.579 %)
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IS A SUPPLEMENTAL FORM 8 (DERIVATIVE)/FORM 8 (OPTION) ATTACHED? NO


Date of disclosure                          04/11/2005
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Contact name                                MICHAEL STERLING
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Telephone number                            020 7921 3133
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* Specify the owner or controller in addition to the person dealing. The naming
of nominees or vehicle companies is insufficient. In the case of disclosure of
dealings by fund managers on behalf of discretionary clients, the clients need
not be named.

# See the definition of "connected fund managers and principal traders" in the
Definitions Section of the Code.

† If disclosing dealings/holdings in derivatives or options, please attach
Supplemental Form 8 (Derivative) or Supplemental Form 8 (Option), as
appropriate.

For details of the Code's dealing disclosure requirements, see Rule 8 and its
Notes which can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk.