Confirmation of Pricing etc

Prudential PLC 12 June 2000 CONFIRMATION OF PRICING OF EGG FLOTATION Prudential plc and Egg plc today announced the offer price for the shares of Egg plc at 160 pence per share. This price implies a market capitalisation in excess of £1.3 billion. Completion of the offer is expected to take place on 19 June 2000, when the ordinary shares of Egg plc are expected to be admitted to the Official List and to trading on the London Stock Exchange. Also in the Supplementary Prospectus published today, Egg has disclosed that it has appointed Dana Cuffe as Chief Information Officer who joins from Credit Suisse First Boston where he was Managing Director & Chief Operating Officer, IT. (See notes to editors) For further information please contact: Media Jeremy Reynolds 020 7548 3721 Prudential plc Pema Radha 020 7526 2600 Egg plc Analyst Carys Walshe 020 7548 3823 Prudential plc Kieran Coleman 020 7526 2648 Egg plc Notes to editors: Dana Cuffe, 42, was Managing Director & Chief Operating Officer (IT) at Credit Suisse First Boston . He has also held senior IT positions at Global Asset Management, Citibank and Bank of America. This announcement is not for distribution in the United States, Canada, Australia or Japan. This announcement and the information contained herein is not an offer of securities for sale or a solicitation of an offer to purchase securities in the United States, Canada, Australia or Japan. Egg securities may not be offered or sold in the United States unless they are registered under applicable law or exempt from registration. Egg does not intend to register any portion of the offering in the United States or to conduct a public offering of securities in the United States. No money, securities or other consideration is being solicited by this announcement or the information contained herein, and, if sent in response to this announcement or the information contained herein, will not be accepted. Application has been made to the UK Listing Authority for the ordinary share of Egg to be admitted to the Official List and to be admitted to trading by the London Stock Exchange. Copies of the Prospectus dated 25 May 2000 and the Supplementary Prospectus dated 12 June 2000 are available for inspection only (during normal business hours) at The Documents Viewing Facility at the Financial Services Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS up to and including 26 June 2000, and copies are available for collection on request, free of charge, up to and including 26 June 2000 from Egg's registered office, 142 Holborn Bars, London EC1, from Goldman Sachs International, Peterborough Court, 133 Fleet Street, London EC4, and from Lloyds TSB Registrars, Antholin House, 71 Queen Street, London EC4. Goldman Sachs International is acting as sponsor, financial adviser and broker to Egg plc and financial adviser to Prudential plc and no one else in connection with the offering and will not be responsible to any other person for providing the protections afforded to customers of Goldman Sachs International or for providing advice in relation to the offering. No offer or invitation to acquire shares in Egg is being made by or in connection with this announcement. Any such offer will be made solely by means of a prospectus and any acquisition of shares should be made solely on the basis of the information contained in such prospectus. The value of shares can go down as well as up. Persons needing advice should consult a professional adviser. Stabilisation/FSA

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