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 August 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 76,805,592 3.57% 3,044,576 0.14%
securities
(2) Derivatives 13,959,878 0.65% 16,228,316 0.75%
(other than
options)
(3) Options and 340,051 0.02% 1,210,607 0.06%
agreements to
purchase/sell
Total 91,105,521 4.24% 20,483,499 0.95%
(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 5,000 1.8027
Purchase 60,000 1.8429
Purchase 3,000 1.8260
Purchase 1,075 1.8440
Purchase 1,000 1.8040
Purchase 1,663 1.8030
Purchase 5,466 1.8180
Purchase 1,000 1.8330
Purchase 5,000 1.8555
Purchase 130,000 1.8092
Purchase 10,000 1.8737
Purchase 1,101 1.7992
Purchase 5,000 1.8167
Purchase 2,700 1.8385
Purchase 3,000 1.8377
Purchase 1,262 1.8335
Purchase 441 1.8320
Purchase 500 1.8200
Purchase 10,000 1.8377
Purchase 1,074 1.8417
Purchase 812 1.8227
Purchase 83,000 1.9080
Purchase 31,775 1.9355
Purchase 37,823 1.9337
Purchase 16,998 1.9084
Purchase 15,222 1.9312
Purchase 163,397 1.9237
Purchase 226,143 1.8263
Purchase 214,390 1.8288
Purchase 73,532 1.9299
Purchase 35,620 1.8030
Purchase 199,750 1.9317
Purchase 85,128 1.9251
Sale 340,045 1.8549
Sale 66,076 1.8027
Sale 506,383 1.9561
Sale 406,749 1.9520
Sale 15,000 1.8765
Sale 256,551 1.8782
Sale 83,000 1.9080
Sale 1,233 1.9022
Sale 2,583 1.8344
Sale 260,462 1.9364
Sale 60,000 1.8437
Sale 933 1.8765
Sale 1,000 1.8100
Sale 2,055 1.8411
Sale 820 1.8570
Sale 38,122 1.9370
Sale 2,300 1.8838
NB: The below transactions which were previously disclosed have been cancelled
Deal Date Purchase/Sale Number of Securities Price per unit (GBP)
09/08/2007 Purchase 30,862 1.9358
09/08/2007 Purchase 6,983 1.9332
(b) Derivatives transactions (other than options)
Product Long/Short Number of Securities Price Per
name Unit
CFD Short 226143 1.8262
CFD Short 214390 1.8288
CFD Short 26694 1.837
CFD Short 60000 1.8428
CFD Short 215930 1.848
CFD Short 8170 1.8487
CFD Short 16998 1.9083
CFD Short 163397 1.9236
CFD Short 85128 1.925
CFD Short 73532 1.9298
CFD Short 199750 1.9317
CFD Short 37823 1.9337
CFD Long 66076 1.8026
CFD Long 2055 1.841
CFD Long 60000 1.8437
CFD Long 229600 1.8533
CFD Long 340045 1.8549
CFD Long 256551 1.8782
CFD Long 260462 1.9363
CFD Long 38122 1.9369
CFD Long 406749 1.952
CFD Long 506383 1.956
(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 13 August 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 340,051 2.3000 AMER 21/12/2007
Option Purchased -1,210,607 2.0000 AMER 21/12/2007
Notes
1. 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