Disposal

Prudential PLC
09 November 2007


Friday 9 November 2007


Prudential plc announces the sale of PPM Capital


Prudential plc announces the sale by its fund management arm, M&G, of its direct
private equity business, PPM Capital, to PPM Capital's existing management team.


The transaction involves the sale by PPM Capital (Holdings) Limited ('Holdings')
of the entire issued share capital of PPM Capital Limited ('PPMC') to One NFL,
LLP and the sale of the shares in various subsidiaries of Holdings to PPM
Capital Partners, LLP. The gross assets subject to the transaction are £14
million. M&G has become a member of One NFL, LLP and has contributed £1.35
million, on normal commercial terms, towards its regulatory capital. Under the
terms of the transaction, PPM Capital will continue to manage its existing
investments on the current terms.


Philip Johnson, Finance Director of M&G, said: 'Both M&G and PPM Capital agree
that the future growth and development of PPM Capital is best served by it
becoming an independent company.  PPM Capital will remain manager of M&G's
private equity investments on the same terms as before. M&G remains committed to
indirect private equity investment through its PPM Managers Fund of Funds
activities.'


ENDS



Enquiries:




Media                                         Investors/Analysts
Simon Anderson, M&G        [phone]   James Matthews    [phone]
Jon Bunn                   [phone]
William Baldwin-Charles    [phone]





Notes to Editors:



About Prudential



Prudential plc is a company incorporated and with its principal place of
business in England, and its affiliated companies constitute one of the world's
leading financial services groups. It provides insurance and financial services
directly and through its subsidiaries and affiliates throughout the world. It
has been in existence for over 150 years and has £256 billion in assets under
management as at 30 June 2007.  Prudential plc is not affiliated in any manner
with Prudential Financial, Inc, a company whose principal place of business is
in the United States of America.



Forward-Looking Statements

This statement may contain certain 'forward-looking statements' with respect to
certain of Prudential's plans and its current goals and expectations relating to
its future financial condition, performance, results, strategy and objectives.
Statements containing the words 'believes', 'intends', 'expects', 'plans', '
seeks' and 'anticipates', and words of similar meaning, are forward-looking.  By
their nature, all forward-looking statements involve risk and uncertainty
because they relate to future events and circumstances which are beyond
Prudential's control including among other things, UK domestic and global
economic and business conditions, market related risks such as fluctuations in
interest rates and exchange rates, and the performance of financial markets
generally; the policies and actions of regulatory authorities, the impact of
competition, inflation, and deflation; experience in particular with regard to
mortality and morbidity trends, lapse rates and policy renewal rates; the
timing, impact and other uncertainties of future acquisitions or combinations
within relevant industries; and the impact of changes in capital, solvency or
accounting standards, and tax and other legislation and regulations in the
jurisdictions in which Prudential and its affiliates operate. This may for
example result in changes to assumptions used for determining results of
operations or re-estimations of reserves for future policy benefits.  As a
result, Prudential's actual future financial condition, performance and results
may differ materially from the plans, goals, and expectations set forth in
Prudential's forward-looking statements. Prudential undertakes no obligation to
update the forward-looking statements contained in this statement or any other
forward-looking statements it may make.






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