Rule 8.3 - Prudential Plc

Lloyds TSB - Securities Administration
                  

FORM 8.3

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
--------------------------------------------------------------------------------------------------------
Company dealt in                            Prudential Plc  (PRU )
--------------------------------------------------------------------------------------------------------
Relevant security dealt in                  Ord GBP0.05
--------------------------------------------------------------------------------------------------------
If a connected EFM, name of offeree/offeror
 with which connected                                                                               N/A
--------------------------------------------------------------------------------------------------------
If a connected EFM, nature of connection #                                                          N/A
--------------------------------------------------------------------------------------------------------
Date of dealing                                                                                26/10/05
--------------------------------------------------------------------------------------------------------


DEALINGS (a)


Amount bought                               Price per unit (currency must be stated)
--------------------------------------------------------------------------------------------------------

--------------------------------------------------------------------------------------------------------
Amount sold                                 Price per unit (currency must be stated)
--------------------------------------------------------------------------------------------------------
1,428                                       4.725 GBP
 529                                        4.7313 GBP
 2,782                                      4.7356 GBP
 49                                         4.75 GBP
 399                                        4.7506 GBP
 948                                        4.755 GBP
 466                                        4.7563 GBP
 326                                        4.7606 GBP
 645                                        4.8156 GBP
 181                                        4.8206 GBP
--------------------------------------------------------------------------------------------------------



Resultant total amount and percentage of the
 same relevant security owned or controlled                                          37,705,609 (1.582%)
--------------------------------------------------------------------------------------------------------


IS A SUPPLEMENTAL FORM 8 (DERIVATIVE)/FORM 8 (OPTION) ATTACHED? NO


Date of disclosure                                                                             27/10/05
--------------------------------------------------------------------------------------------------------
Contact name                                Anthony Bridges
--------------------------------------------------------------------------------------------------------
Telephone number                                                                          020 7921 3135
--------------------------------------------------------------------------------------------------------


* 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.

(a) 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.