Disposal

Legal & General Group PLC
01 August 2002


1 August 2002


NORTHERN ROCK CONFIRMS ACQUISITION OF LEGAL & GENERAL BANKING SUBSIDIARIES

Following the receipt of approval from the Financial Services Authority, Legal &
General Group Plc and Northern Rock plc announce the completion today of the
purchase by Northern Rock plc of Legal & General Bank Ltd and Legal & General
Mortgage Services Ltd (wholly owned subsidiaries of Legal & General Group Plc.).
Details of the transaction were announced on 4 July 2002.


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