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 31 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 75,434,474 3.50% 3,332,203 0.15%
securities
(2) Derivatives 19,171,019 0.89% 23,321,207 1.08%
(other than
options)
(3) Options and 8,000,000 0.37% 4,000,000 0.19%
agreements to
purchase/sell
Total 102,605,493 4.76% 30,653,410 1.42%
(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 8,670 Transfer
Purchase 1,362 Transfer
Purchase 1,200 1.8202
Purchase 30,651 Transfer
Purchase 9,658 Transfer
Purchase 1,000 1.8325
Purchase 8,670 Transfer
Purchase 542 1.8215
Purchase 20,000 1.8097
Purchase 1,350 1.8354
Purchase 3,666 Transfer
Purchase 2,738 1.8122
Purchase 1,032 1.8108
Purchase 182,298 1.8255
Purchase 5,212 Transfer
Purchase 10,338 1.8271
Purchase 107,399 1.8111
Purchase 1,673 Transfer
Purchase 20,000 1.8112
Sale 10,000 1.8227
Sale 59,760 1.8260
Sale 838 1.8232
Sale 2,735 1.8315
Sale 1,900 1.8275
Sale 10,907 1.8352
Sale 2,898 1.8302
Sale 93,513 1.8274
Sale 89,233 1.8192
Sale 11,283 1.8400
Sale 579,000 1.8200
Sale 8,670 Transfer
Sale 21,920 Transfer
Sale 285,150 1.8333
Sale 8,773 1.8400
Sale 15,914 Transfer
Sale 14,013 1.8225
Sale 28,619 Transfer
Sale 78,669 1.8311
Sale 9,984 1.8397
(b) Derivatives transactions (other than options)
Product name Long/Short Number of Price per
Securities unit
CFD Short 1032 1.8107
CFD Short 107399 1.8111
CFD Short 182298 1.8255
CFD Short 10338 1.8271
CFD Long 14013 1.8224
CFD Long 93513 1.8274
CFD Long 78669 1.8311
CFD Long 9984 1.8396
(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 01 November 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)
SUPPLEMENTAL FORM 8
DETAILS OF OPEN POSITIONS
(This form should be attached to Form 8.1, Form 8.1(b)(ii) or Form 8.3, as appropriate)
OPEN POSITIONS (Note 1)
Product name, Written or Number of securities Exercise price Type, e.g. Expiry date
e.g. call option purchased to which the option (Note 2) American,
or derivative relates European etc.
Option Purchased 4,000,000 2.3000 AMER 21/12/2007
Option Purchased 4,000,000 1.7500 AMER 21/12/2007
Option Purchased -4,000,000 2.0000 AMER 21/12/2007
Notes
1. Where there are open option positions or open derivative positions (except for CFDs), 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