Rule 8.3 - FRIENDS PROVIDENT
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 BARCLAYS PLC
(Note 1)
Company dealt in FRIENDS PROVIDENT
Class of relevant security ORD GBP0.10
to which the dealings being
disclosed relate (Note 2)
Date of dealing 10 October 2007
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
Number (%) Number (%)
(1) Relevant 75,394,858 3.50% 4,223,344 0.20%
securities
(2) Derivatives 10,612,524 0.49% 16,151,929 0.75%
(other than
options)
(3) Options and 305,123 0.01% 2,817,035 0.13%
agreements to
purchase/sell
Total 86,312,505 4.01% 23,192,308 1.08%
(b) Interests and short positions in relevant securities of the company, other
than the class dealt in (Note 3)
Class of Long Short
relevant
security:
Number (%) Number (%)
(1) Relevant
securities
(2) Derivatives
(other than
options)
(3) Options and
agreements to
purchase/sell
Total
(c) Rights to subscribe (Note 3)
Class of relevant security: Details
3. DEALINGS (Note 4)
(a) Purchases and sales
Purchase/sale Number of Securities Price per unit
(GBP)
Purchase 17,744 1.7678
Purchase 5,000 1.7410
Purchase 41,893 1.7550
Purchase 200 1.7537
Purchase 575 1.7386
Purchase 3,000 1.7423
Purchase 15,600 1.7720
Purchase 29,446 1.7702
Purchase 450 1.7780
Sale 6,135 1.7516
Sale 3,300 1.7757
Sale 5,500 1.7640
Sale 535,124 1.7571
Sale 3,000 1.7382
Sale 16,000 1.7402
Sale 398,006 1.7667
Sale 20,654 1.7777
Sale 41,893 1.7680
Sale 5,000 1.7560
Sale 10,000 1.7693
Sale 2,000 1.7702
Sale 37,697 1.7707
(b) Derivatives transactions (other than options)
Product Long/Short Number of Securities Price Per
name Unit
CFD Short 3000 1.7423
CFD Short 17744 1.7678
CFD Short 29446 1.7701
CFD Short 15600 1.772
CFD Long 6135 1.7516
CFD Long 535124 1.757
CFD Long 5500 1.764
CFD Long 197161 1.7643
CFD Long 200845 1.7689
CFD Long 37697 1.7706
CFD Long 3300 1.7757
CFD Long 20654 1.7776
(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 selling, securities to price American, date paid/received
option purchasing, which the option European etc. per unit (GBP)
varying etc. relates (GBP)
(ii) Exercising
Product name, e.g. Number of Exercise price per
call option securities unit (Note 5)
(d) Other dealings (including new securities) (Note 4)
Nature of transaction Details Price per unit
(Note 8) (if applicable)
(Note 5)
4. OTHER INFORMATION
None
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.
Is a Supplemental Form 8 attached? (Note 9) YES
Date of disclosure 11 October 2007
Contact name BARCLAYS COMPLIANCE
Telephone number 020 7116 2913
If a connected EFM, name of
offeree/offeror with which connected
If a connected EFM, state nature of
connection (Note 10)
DETAILS OF OPEN POSITIONS
(This form should be attached to Form 8.1, Form 8.1(b)(ii) or Form 8.3, as appropriate)
Product name, Written or Number of Securities to Exercise Price Type, e.g. Expiry Date
e.g. call option Purchased which the option or (Note 2) American,
derivative relates European etc.
Option Purchased 259,173 2.3000 AMER 21/12/2007
Option Purchased -1,660,102 1.7500 AMER 21/12/2007
Option Purchased 37,454 1.7512 EURO 10/12/2007
Option Purchased -8,495 1.5228 EURO 10/12/2007
Option Purchased -37,454 1.7512 EURO 10/12/2007
Option Purchased 8,495 1.5228 EURO 10/12/2007
Option Purchased -1,110,984 2.0000 AMER 21/12/2007
Where there are open option positions or open derivative positions (except for CFD's), full details should be given.
Full details of any existing agreements to purchase or to sell should also be given on this form.
2. For all prices and other monetary amounts, the currency must be stated.
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