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               19 September 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       77,665,856   3.61%           2,469,934   0.11%
securities
(2) Derivatives     4,228,899   0.20%           10,619,311  0.49%
(other than
options)
(3) Options and       167,443   0.01%            3,068,947  0.14%
agreements to
purchase/sell

Total              82,062,198   3.82%            16,158,192 0.75%

(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      100                  1.6847
Purchase      2,954                1.6817
Purchase      150                  1.6777
Purchase      521,966              1.6841
Purchase      18,500               1.6797
Purchase      2,800                1.6826
Purchase      4,000                1.6897
Purchase      416,557              1.6760
Purchase      1,000                1.6745
Purchase      96,894               1.6851
Purchase      39,113               1.7200
Purchase      70,000               1.6740
Purchase      3,000                1.6887
Purchase      5,500                1.6822
Purchase      27,991               1.6858
Purchase      75,385               1.6858
Purchase      121,853              1.6760
Purchase      75,385               1.6858
Purchase      5,000                1.6875
Purchase      399,170              1.6866
Purchase      3,000                1.6982
Purchase      1,500                1.6930
Purchase      7,532                1.6936
Sale          2,035                1.6910
Sale          302                  1.6885
Sale          3,000                1.6812
Sale          173                  1.6822
Sale          1,382                1.6840
Sale          5,500                1.7012
Sale          1,000                1.6885
Sale          1,000                1.7030
Sale          3,000                1.6930
Sale          195,808              1.6530
Sale          121,853              1.6760
Sale          200                  1.6770
Sale          96,894               1.6851
Sale          4,300                1.6956
Sale          416,557              1.6760
Sale          8,000                1.6853
Sale          96,894               1.6851
Sale          9,000                1.6853
Sale          39,113               1.7200
Sale          645,578              1.6760
Sale          543                  1.6730
Sale          416,557              1.6760
Sale          28,470               1.6863
Sale          10,000               1.6890
Sale          20,086               1.6874
Sale          20,000               1.6920
Sale          121,853              1.6760
Sale          446                  1.6737
Sale          75,385               1.6858
Sale          99,011               1.6916

(b)  Derivatives transactions (other than options)

Product    Long/Short    Number of Securities  Price Per
name                                           Unit
CFD        Short         521966                1.684
CFD        Short         96894                 1.6852
CFD        Short         103376                1.6858
CFD        Short         226397                1.6859
CFD        Short         50832                 1.686
CFD        Short         172773                1.6875
CFD        Short         7532                  1.6936
CFD        Long          96894                 1.6851
CFD        Long          9000                  1.6853
CFD        Long          28470                 1.6862
CFD        Long          10000                 1.689
CFD        Long          99011                 1.6916
CFD        Long          4300                  1.6956

(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                         20 September 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     167,443                    2.3000          AMER          21/12/2007
Option             Purchased     -2,302,753                 1.7500          AMER          21/12/2007
Option             Purchased     -17,120                    1.5228          EURO          10/12/2007
Option             Purchased     -26,547                    1.7512          EURO          10/12/2007
Option             Purchased     -722,527                   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