Short Selling Disclosure

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

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TR-4(1) ThisDisclosure of Short Position relating to UK Financial Sector Company(2) This form
 form, or    relates to the disclosure of short positions in compliance with the FSA's Short
 the         Selling (NO2) Instrument 2008 and the related FAQ document on the FSA's website.
 information
 contained
 within it,
 should be
 disclosed
 via an RIS
 using the
 short code
 SSD. :
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1. Full name of person(s) holding the disclosable short  JGD Management Corp.
 position(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.
:
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2: Name of the issuer of the relevant securities         Provident Financial Plc
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3: Disclosable short position(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.                                                        1.77%
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4. Date that disclosable short position was held                 10/6/08
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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.