AGM Statement

Legal & General Group PLC
27 April 2005



                      Annual General Meeting 27 April 2005



Legal & General Group Plc held its Annual General Meeting today at the
Institution of Electrical Engineers, Savoy Place, London WC2R OBL.



Rob Margetts, Chairman, addressed the meeting. His speech covered a number of
issues including the need for additional savings; the Financial Services and
Markets Tribunal and planning for the succession of the Group Chief Executive.
The Chairman's speech together with that of the Group Chief Executive and the
accompanying slides will be available within the next twenty four hours at http:
//investor.legalandgeneral.com/agm.cfm



Looking at the UK savings market, the Chairman expressed his concern at the
inadequate level of saving and in particular of long term saving for pensions in
this country. He urged the political parties to give the issue a much higher
priority in the election campaign and he specifically commended Legal &
General's proposal that employers be required to match the pension savings of
their employees up to a certain minimum percentage of salary.



The Chairman commented that the Tribunal had its last hearing day on 26 April
and that its final judgement is expected to be published within the next two
weeks. He welcomed the FSA's decision to establish a review of its enforcement
process, including consideration of 'options for a fair procedure under which
regulatory decisions are made by people separate from the investigators.'



On the process of appointing a successor to David Prosser as Group Chief
Executive, the Chairman said to shareholders 'This is a matter which the Board
is treating with the utmost seriousness. As I am sure you will agree, we have a
pool of excellent managers within our business from which to select the new
Chief Executive but we have thought it right also to look outside the company,
so that when we make our decision we will know that we will have looked at the
very best people available. I am sure you would expect us to do this. We have
retained the services of a leading executive search firm with particular
expertise in this type of appointment and with a knowledge of Legal & General.
The process of meetings, interviews and deliberations is underway. There will be
further discussion over the coming weeks and I am confident that we will be in a
position to announce our choice in the course of the summer, leaving ample time
for a proper handover of responsibilities.'



All the resolutions put to the Annual General Meeting were today passed with
overwhelming majorities.




                      This information is provided by RNS
            The company news service from the London Stock Exchange