Legal & General Group PLC
2 January 2002
On 20 November 2001, Legal & General announced the launch of a convertible
bond and the transfer of ownership of fund management subsidiaries within the
Group. The transfer of ownership was stated to be subject to FSA approval.
Legal & General today announces that FSA approval has been obtained and that
the transfer of ownership accordingly took place on 31 December 2001. The
transfer was on the basis described in the announcement of 20 November 2001.
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