Short Selling Disclosure

JGD Management Corp.
                  Form TR-4. FSA Version 2.0 September 2008

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TR-41 This form, or the information contained       Disclosure of Short Position relating to UK Financial Sector
 within it, should be disclosed via an RIS using     Company2 This form relates to the disclosure of short positions in
 the short code SSD. :                               compliance with the FSA's Short Selling (NO2) Instrument 2008 and
                                                     the related FAQ document on the FSA's website.
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1. Full name of person(s) holding the                                  JGD Management Corp.
 disclosable short position3 Specify the
 holder of the net short position. The
 naming of nominees or vehicle companies
 is insufficient. In the case of an
 investment manager or authorised fund
 manager managing assets on behalf of a
 client, the disclosure obligation
 applies at the level of both the entity
 to which MAR 1.9.2C applies and at the
 level of the investment manager or
 authorised fund manager. The investment
 manager or authorised fund manager may
 make a net short position disclosure on
 behalf of its client. In respect of
 itself, the investment manager or
 authorised fund manager is required to
 disclose its aggregate net short
 position across all of the funds it
 manages on a discretionary basis.

Where a disclosure by an investment
 manager or authorised fund manager is
 the same as that being made for its
 client/fund/sub-fund, it is permitted to
 make a single disclosure provided that
 the disclosure makes it clear that it
 applies to both parties. See FAQ
 document for further details.
:
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2: Name of the issuer of the relevant                                Provident Financial Plc
 securities
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3: Disclosable short position4 Figure to
 be expressed as a percentage of issued
 share capital. Disclosable short
 position is defined in the Glossary of
 Definitions in the FSA Handbook.
 Positions must be disclosed on a net
 basis of all holdings. All financial
 instruments that represent a direct or
 indirect economic interest in the
 relevant issuer must be included within
 such holdings.                                                               1.77%
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4. Date that disclosable short position
 was held                                                                    9/30/08
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1 This form, or the information contained within it, should be disclosed via an
RIS using the short code SSD.

2 This form relates to the disclosure of short positions in compliance with the
FSA's Short Selling (NO2) Instrument 2008 and the related FAQ document on the
FSA's website.

3 Specify the holder of the net short position. The naming of nominees or
vehicle companies is insufficient. In the case of an investment manager or
authorised fund manager managing assets on behalf of a client, the disclosure
obligation applies at the level of both the entity to which MAR 1.9.2C applies
and at the level of the investment manager or authorised fund manager. The
investment manager or authorised fund manager may make a net short position
disclosure on behalf of its client. In respect of itself, the investment manager
or authorised fund manager is required to disclose its aggregate net short
position across all of the funds it manages on a discretionary basis.

Where a disclosure by an investment manager or authorised fund manager is the
same as that being made for its client/fund/sub-fund, it is permitted to make a
single disclosure provided that the disclosure makes it clear that it applies to
both parties. See FAQ document for further details.

4 Figure to be expressed as a percentage of issued share capital. Disclosable
short position is defined in the Glossary of Definitions in the FSA Handbook.
Positions must be disclosed on a net basis of all holdings. All financial
instruments that represent a direct or indirect economic interest in the
relevant issuer must be included within such holdings.