Rule 8.3 - Prudential

Lloyds TSB - Securities Administration
                  

FORM 8.3

DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE

(Rule 8.3 of the City Code on Takeovers and Mergers)

1. KEY INFORMATION


Name of person dealing  (Note 1)          Lloyds TSB Group Plc and its Subsidiaries
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Company dealt in                          Prudential Plc (PRU)
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Class of relevant security to which the   Ord GBP0.05
 dealings being disclosed relate (Note 2)
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Date of dealing                           11 November 2005
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2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a) Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)

                                          Long                          Short
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                                          Number                        Number
                                                       (%)                             (%)
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(1) Relevant securities                   37,607,990 1.576%
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(2) Derivatives (other than options)
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(3) Options and agreements to
 purchase/sell
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Total                                     37,607,990 1.576%                  Nil
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(b) Interests and short positions in relevant securities of the company, other
than the class dealt in (Note 3)

       Class of relevant security:                     Long                          Short
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                                          Number                        Number
                                                       (%)                             (%)
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(1) Relevant securities
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(2) Derivatives (other than options)
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(3) Options and agreements to
 purchase/sell
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Total                                     Nil                           Nil
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(c) Rights to subscribe (Note 3)


Class of relevant security:               Details
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3. DEALINGS (Note 4)

(a) Purchases and sale


Purchase/sale                      Number of securities              Price per unit (Note 5)
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SALE                               303                               5.0812 GBP
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SALE                               994                               5.0856 GBP
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SALE                               1,210                             5.0862 GBP
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SALE                               780                               5.0965 GBP
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SALE                               634                               5.1006 GBP
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SALE                               460                               5.1015 GBP
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SALE                               1,772                             5.1056 GBP
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SALE                               997                               5.1106 GBP
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SALE                               381                               5.1156 GBP
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SALE                               490                               5.116 GBP
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SALE                               901                               5.1204 GBP
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SALE                               373                               5.1206 GBP
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SALE                               327                               5.125 GBP
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SALE                               416                               5.1256 GBP
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(b) Derivatives transactions (other than options)


Product name,       Long/short (Note 6)    Number of securities (Note 7)   Price per unit (Note 5)
e.g. CFD
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(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying


Product name,      Writing,        Number of          Exercise  Type, e.g.   Expiry    Option money
e.g. call option    selling,        securities to     price      American,   date      paid/received
                    purchasing,     which the option             European               per unit (Note
                    varying etc.    relates (Note 7)             etc.                   5)
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(ii) Exercising


Product name, e.g. call option     Number of securities              Exercise price per unit (Note 5)
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d) Other dealings (including new securities) (Note 4)


Nature of transaction (Note 8)     Details                           Price per unit (if applicable) (Note
                                                                      5)
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4. OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives


Full details of any agreement, arrangement or understanding between the person disclosing and any other
 person relating to the voting rights of any relevant securities under any option referred to on this
 form or relating to the voting rights or future acquisition or disposal of any relevant securities to
 which any derivative referred to on this form is referenced.  If none, this should be stated.
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Is a Supplemental Form 8 attached? (Note 9) NO


Date of disclosure                                          14 November 2005
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Contact name                                                Anthony Bridges
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Telephone number                                                                           020 7921 3135
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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, state nature of connection (Note 10)                                             N/A
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Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk