Regulatory Authorisation

Legal & General Group PLC
20 December 2006

Legal & General Pensions Limited receives FSA authorisation



As announced on 15 November 2006 at its Capital & Cash flow presentation,

Legal & General has established a new reinsurance company to accept its pensions
business. We are pleased to confirm that FSA authorisation has now been
received.



The new company, Legal & General Pensions Limited, will reinsure Legal & General
Assurance Society's UK non profit pensions business which is predominantly
annuities. With the new structure Legal & General aims to create a more
efficient vehicle to support its annuity business, particularly in light of
opportunities opening up in the corporate pensions marketplace.









Enquiries to:



Investors:

Jonathan Maddock, Head of Investor Relations       020 7528 6298
Nicola Marshall, Investor Relations Manager        020 7528 6263



Media:

John Morgan, Media Relations Director              020 7528 6213
                                                   07798 604951




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