Q1 New Business Figures

Prudential PLC 20 April 2006 Embargo: 7.00am 20 April 2006 PRUDENTIAL PLC FIRST QUARTER 2006 NEW BUSINESS RESULTS â€¢ Group APE sales of Â£637 million, up 27 per cent â€¢ UK APE sales of Â£244 million, up 17 per cent â€¢ Jackson National Life (JNL) APE sales of Â£167 million, up 22 per cent â€¢ Prudential Corporation Asia APE sales of Â£226 million, up 47 per cent â€¢ M&G net fund flows of Â£1.7 billion, up 38 per cent â€¢ Asia net fund flows of Â£0.5 billion, up 147 per cent All comparisons above and narrative below are quoted at constant exchange rates (CER) unless otherwise stated. See Notes to Editor for further details. Commenting, Mark Tucker, Group Chief Executive, said: 'Our life businesses have made a good start to the year, building on the strong momentum we established in the second half of 2005. 'In the UK, new business sales were up 17 per cent as we continued to build our shareholder-backed business. We expect the UK market to remain competitive through 2006, and our emphasis will continue to be on margins and return on capital, not APE volume growth. 'In the US, retail sales in the quarter were up 31 per cent, driven by record sales of variable annuities. With our advantaged position in the variable annuity market we expect to continue to grow our market share through the year. 'Growth was particularly strong in Asia, up 47 per cent compared with a slow first quarter in 2005. All our major markets performed well. We have unrivalled sales and profit growth potential in Asia and we will continue to develop our distribution capability to strengthen this position further. 'Our asset management businesses also had an excellent first quarter. 'M&G delivered gross fund inflows of Â£2.9 billion, an increase of 39 per cent, and growth in net inflows was 38 per cent compared to the same period last year. These figures reflect the strength of M&G's diversified product offering and include record levels of retail sales on the back of outstanding investment performance. 'In Asia, third party net inflows of Â£0.5 billion were up 147 per cent on the first quarter of 2005, due to continued strong inflows in Korea and improved performance in Taiwan and India. 'The Group continues to have excellent prospects for profitable growth, and there is tremendous scope to deliver increasing value to shareholders.' Commentary on First Quarter 2006 New Business Results UK Insurance Operations Prudential UK APE sales of Â£244 million were up 17 per cent on the first quarter of 2005 driven by strong sales of offshore bonds, bulk annuities and with-profit bonds. On a PVNBP basis this equates to first quarter 2006 sales of Â£2.1 billion. Some segments of the UK market have been challenging in the first quarter of 2006, particularly bulk and individual annuities and unit-linked bonds. Our emphasis during this period has been on maintaining margins and return on capital, focusing on value not volume. APE sales of offshore and unit-linked bonds increased 17 per cent on the first quarter of 2005. This reflects a 250 per cent increase in offshore bond sales due to strong investment bond sales through new and existing distributors. This in turn was offset by a 28 per cent fall in unit-linked bond sales reflecting continuing price competition to which Prudential chose not to respond. Bulk annuity APE sales were up 175 per cent reflecting the previously announced Â£66 million Royal London transaction. However, the market for bulk annuities contracted in the quarter as potential buyers deferred decisions pending an improvement in long-term bond yields. The individual annuity market, particularly through the intermediaries channel, remains competitive reflecting the decline in long-term bond yields, with sales down 8 per cent on last year. However, APE sales of individual annuities through the Partnerships channel were up 125 per cent reflecting increased sales through the additional partnership agreements signed during the course of last year. APE sales of with-profit annuities have increased 150 per cent in the first quarter. Unlike conventional annuities, with-profit annuities link the level of income to the performance of the Prudential's with-profits fund which has a mix of assets that gives the prospect of income growth over the expected life of an annuity contract. With-profit bonds also saw good growth of 25 per cent reflecting consumers' positive response to the bonus declaration made earlier this year. APE sales of individual and corporate pensions were in line with 2005, reflecting the uncertainty in the market ahead of the simplification in pensions legislation that took effect earlier this month. In 2005, Prudential wrote to 440,000 of its customers contracted out of the second state pension and provided updated information and views to enable them to make an informed decision about whether to contract back in for the 2005/6 tax year onwards. As a result of this mailing, approximately 132,000 customers elected to contract back into the State scheme resulting in a decline in DWP rebate business of 29 per cent in the first quarter of 2006. Although recently launched, Prudential UK's new lifetime mortgage product, the Prudential Property Release Plan, has had a good response. PruHealth had a record quarter with total individuals insured at the end of March 2006 standing at over 40,000 lives. Prudential UK will continue to pursue profitable opportunities in its chosen product areas and distribution channels in 2006 maintaining its focus on return on capital. Jackson National Life Jackson National Life's (JNL) APE sales of Â£167 million in the first quarter represented a 22 per cent increase on the same period in 2005, driven by a strong increase in sales of variable annuities. On a PVNBP basis this equates to first quarter 2006 sales of Â£1.6 billion. Retail APE sales for the quarter of Â£122 million were up 31 per cent on 2005. JNL delivered record variable annuity APE sales of Â£89 million during the first quarter, up 51 per cent on the same period in the prior year, reflecting its continuing focus on relationship-driven distribution and product innovation. Quarterly variable annuity premiums exceeded $1.5 billion for the first time, and represented the sixth consecutive quarter of variable annuity sales growth. This result was achieved in a market that had grown 17 per cent year-on-year during the first two months of the year. In the first quarter, approximately 27 per cent of the variable annuity premiums received related to two new products launched during 2005, 'Perspective Advisors II' and 'Perspective L Series', a result that clearly demonstrates JNL's ability to deliver products and product features that the market wants. For the full year 2005, JNL increased its variable annuity market share to 3.6 per cent, up from 2.8 per cent in the prior year, and improved its ranking in variable annuity sales from 14th at year end 2004 to 12th at year end 2005. In terms of net flows, JNL improved its position to 3rd at year end 2005 from 8th a year earlier. The persisting low interest rate environment and flat yield curve in the US has resulted in a continuation of the weak customer demand for fixed annuities. As a result fixed annuity APE sales for the quarter of Â£15 million were down 17 per cent on 2005. JNL was ranked the eleventh largest provider of fixed annuities for the full year 2005. Fixed index annuity APE sales of Â£13 million were down 7 per cent on the same period of 2005. The fixed index annuity market declined in the second half of 2005 by 4 per cent. This decline is due primarily to continued uncertainty in the US regulatory environment, leading to lower demand for FIA products. JNL was ranked the seventh largest provider of fixed index annuities for the full year 2005, improving from ninth for the full year 2004. Life APE sales of Â£4 million were up 33 per cent on 2005. Curian Capital, which provides innovative fee-based separately managed accounts, had a strong start to the year increasing assets under management to Â£1.1 billion, up 55 per cent from the end of the first quarter last year. Institutional APE sales in the first quarter of Â£44 million were consistent with the prior year. JNL will continue to participate in this market on an opportunistic basis, although it is expected that the majority of institutional sales will occur in the first half of 2006. JNL has made a strong start to the year, focusing on value-driven growth in its key product lines. With continued product innovation, a strong relationship-based distribution model, continuing competitive cost structure, and proven ability in execution, JNL is well positioned to take advantage of opportunities in the US market. Prudential Corporation Asia Prudential's Asian life operations had an exceptionally strong first quarter in 2006 with APE sales of Â£226m up 47 per cent, representing a continuation of the momentum seen in the second half of 2005 compared with the relatively slow first quarter last year. On a PVNBP basis this equates to first quarter 2006 sales of Â£1.2 billion. Strong first quarter performances were delivered by both our Korean and Indian operations, up 77 per cent and 65 per cent respectively. Korea's record APE sales for the quarter of Â£55 million were driven in part by the run up to the financial year end at 31 March, continued growth and high productivity in the financial advisor distribution channel and the addition of new general agencies. Prudential's 26 per cent share of its Indian joint venture with ICICI generated APE sales for the first quarter of 2006 of Â£33 million. Our Indian business also benefited from the tax year end in March, but underlying growth continues to be driven by higher agent numbers and successful partnership distribution, particularly with ICICI Bank. Collectively, Korea and India (at 26 per cent) contributed 39 per cent to Prudential Corporation Asia's APE, compared to 33 per cent in the first quarter of last year. Sales growth in Taiwan was 73 per cent up on prior year in the first quarter of 2006 driven by continued success with linked products (70 per cent of its sales), increases in agent numbers and an increased contribution from the partnership channel. Lower sales recorded in Taiwan in the first quarter of 2005 reflected Prudential's focus on higher margin linked business whilst competitors launched products that we considered to be unattractive. In Indonesia, APE sales for the first quarter were the highest ever recorded at Â£14 million and represent a 40 per cent increase on the same period of 2005. This was driven by continued strong agent recruitment and increases in productivity. The Singapore life operation delivered APE sales growth of 35 per cent compared to a slow first quarter last year, when the market was affected by weaker sentiment towards linked products. However, the market recovered in the second half of 2005 and we launched six new investment linked funds that continue to be popular, particularly as single premium investments. Singapore also has increasing sales from its newer distribution partners, Maybank and Singpost. In China, APE sales were up 50 per cent. Our joint venture with CITIC now has ten cities operational and was granted a licence for an eleventh (Jinan in the Shandong province) in January this year. Hong Kong and Malaysia also performed strongly in the first quarter, with increases of 13 per cent and 8 percent, respectively, on the same period in 2005. APE sales in Japan and Vietnam were 50 per cent and 33 per cent below the same quarter last year, respectively. In Japan, we closed the Financial Advisor channel in the fourth quarter last year and in Vietnam the market continues to stabilise following the initial post-liberalisation boost. APE sales in Prudential's remaining markets of the Philippines and Thailand, whilst small, doubled over the prior year. Prudential's life insurance operations in Asia are well-placed to deliver sustained, profitable and capital efficient growth. Asset Management M&G M&G made an excellent start to the year, delivering gross fund inflows of Â£2.9 billion in the first quarter, an increase of 39 per cent on the same period last year, reflecting the strengths of M&G's diversified product offering in the areas of retail fund management, institutional fixed income, pooled life and pension funds, property and private finance. Net fund inflows grew by 38 per cent to Â£1.7 billion. External funds under management, which represent a quarter of M&G's total funds, increased by a third to Â£40 billion compared to the first quarter 2005. M&G generated record-breaking retail sales during the first quarter, with gross fund inflows of Â£1.6 billion double those of the previous year and already 42 per cent of the total gross retail sales achieved in the whole of 2005. Net retail fund inflows totalled Â£821 million, more than triple those in the first quarter 2005. In the UK, M&G's continued strong fund performance in equities, bonds and property led to a 77 per cent increase in gross fund inflows compared to the first quarter 2005. M&G International, which sells funds in Germany, Austria, Italy, Luxembourg and Switzerland, more than doubled gross fund inflows and successfully launched into the Spanish marketplace during the quarter. M&G's South African business nearly doubled its gross fund inflows compared to the same period last year. Overall retail funds under management have grown by almost 40 per cent since first quarter 2005 due to net sales, outstanding investment performance and rising market levels. M&G's institutional businesses also had a good start to the year, especially in the areas of segregated fixed income, property and private finance. Gross institutional fund inflows totalled Â£1.3 billion and were similar to the equivalent period last year, while net fund inflows were slightly lower at Â£923 million. However, the 2005 comparative for institutional inflows in first quarter was boosted by a large single transaction of Â£967 million from Prudential Property Investment Managers (PruPIM). Asian Fund Management Business The Asian Fund Management Business made a record start to the year, delivering the highest first quarter third party net inflows since the business was launched. Net inflows of Â£0.5 billion were up 147 per cent on the same quarter last year and are 38 per cent of the total for the whole of 2005. The Asian Fund Management business's geographic diversification and fund performance has seen continued strong net inflows in Korea, and improved performance in India, Taiwan, Singapore and Malaysia as compared to 2005. Total third party funds under management were Â£10.9 billion, up 16 per cent on the first quarter 2005. In August last year, ICICI increased its stake in Prudential's Indian asset management joint venture from 45 per cent to 51 per cent. As a result, Prudential no longer consolidates this business at 100 per cent and the 2006 numbers are reported at 49 per cent, resulting in a Â£1.6 billion reduction in funds under management over the same period last year. On a comparable basis, first quarter 2006 funds under management grew 33 per cent on 2005. Prudential remains confident that its fund management businesses are well positioned to grow strongly and profitably. - ENDS - Enquiries: Media Investors / analysts Jon Bunn 020 7548 3559 James Matthews 020 7548 3561 William Baldwin-Charles 020 7548 3719 Marina Novis 020 7548 3511 Joanne Doyle 020 7548 3708 Notes to Editor follow... Notes to Editor: 1. Annual premium equivalent (APE) sales comprise regular premium sales plus one-tenth of single premium insurance sales and are subject to roundings. 2. Present Value of New Business Premiums (PVNBP) are calculated as equalling single premiums plus the present value of expected new business premiums of regular premium business, allowing for lapses and other assumptions made in determining the EEV new business contribution. 3. Sales for overseas operations have been reported using average exchange rates as shown in the attached schedules. Commentary is given on the results on a constant exchange rate basis. The two bases are compared in the table below. Annual Premium Equivalent Sales Actual Exchange Rates Constant Exchange Rates 2006 Q1 2005 Q1 +/- (%) 2006 Q1 2005 Q1 +/- (%) YTD YTD YTD YTD Â£m Â£m Â£m Â£m UK & Europe 244 208 17% 244 208 17% US 167 127 31% 167 137 22% Asia 226 142 59% 226 154 47% ______ ______ ______ ______ ______ ______ Total 637 478 33% 637 500 27% Gross Inflows Actual Exchange Rates Constant Exchange Rates 2006 Q1 2005 Q1 +/- (%) 2006 Q1 2005 Q1 +/- (%) YTD YTD YTD YTD Â£m Â£m Â£m Â£m M&G 2,915 2,092 39% 2,915 2,092 39% Asia 4,405 4,635 (5%) 4,405 4,941 (11%) ______ ______ ______ ______ ______ ______ Total 7,320 6,727 9% 7,320 7,033 4% Total Insurance and Investment New Business Actual Exchange Rates Constant Exchange Rates 2006 Q1 2005 Q1 +/- (%) 2006 Q1 2005 Q1 +/- (%) YTD YTD YTD YTD Â£m Â£m Â£m Â£m Insurance 4,187 3,247 29% 4,187 3,368 24% Investment 7,320 6,727 9% 7,320 7,033 4% ______ ______ ______ ______ ______ ______ Total 11,507 9,974 15% 11,507 10,401 11% 4. Prudential is initially providing reassurance to Royal London, which will continue to pay the annuitants with Prudential reimbursing the annuity payments to Royal London. During 2006, the intention is for these annuity policies to transfer to Prudential, subject to legal and regulatory approvals, at which point Prudential will take over direct responsibility for the payment of all annuitants. 5. For JNL market share data is provided for the full year 2005 being the latest available. Variable annuity data is sourced from VARDS, fixed annuity data is sourced from LIMRA and fixed index annuities data is sourced from LIMRA and The Advantage Group. 6. There will be a conference call today for wire services at 7.15am (BST) hosted by Mark Tucker, Group Chief Executive and Philip Broadley, Group Finance Director. Dial in telephone number: +44 (0)20 8609 0793. Passcode: 155439# 7. There will be a conference call for investors and analysts at 10:00am (BST) hosted by Mark Tucker, Group Chief Executive and Philip Broadley, Group Finance Director. From the UK please call +44 (0)20 8609 0793 and from the US +1 866 793 4279. Pin number 487687#. A recording of this call will be available for replay for one week by dialling: +44 (0)20 8609 0289 from the UK or +1 866 676 5865 from the US. The conference reference number is 141718. 8. High resolution photographs are available to the media free of charge at www.newscast.co.uk (+44 (0) 207 608 1000). 9. Total number of Prudential plc shares in issue as at 31st March 2006 was 2,422,372,683 10. Financial Calendar 2005-2006: Annual General Meeting 18th May 2006 Asset Management Presentation 19th May 2006 Payment of 2005 Final Dividend 26th May 2006 2006 Interim Results / Second Quarter New Business Figures 28th July 2006 Ex-dividend date 16th August 2006 Record Date 18th August 2006 Third Quarter New Business Figures 19th October 2006 Payment of 2006 Interim Dividend 27th October 2006 2006 Full Year New Business Figures 30th January 2007 *Prudential plc, a company incorporated and with its principal place of business in the United Kingdom, 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 Â£234 billion in assets under management, (as at 31st December 2005) 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. Notes to Schedules : The format of the tables shown is consistent with the distinction between insurance and investment products as applied for previous financial reporting periods. With the exception of US institutional business, products categorised as 'insurance' refer to those classified as contracts of long-term insurance business for regulatory reporting purposes, namely falling within one of the classes of insurance specified in part II of Schedule 1 to the Regulated Activities Order under FSA regulations. The details shown for insurance products include contributions for contracts that are classified under IFRS 4 (Insurance Contracts) as not containing significant insurance risk. These products are described as investment contracts or other financial instruments under IFRS. Contracts included in this category are primarily certain unit-linked and similar contracts written in UK Insurance Operations, and Guaranteed Investment Contracts and similar funding agreements written in US operations. UK and Asian investment products referred to in the tables above are unit trusts, mutual funds and similar types of fund management arrangements. US investment products relate to assets under administration in Curian. These are unrelated to insurance products that are classified as 'investment contracts' under IFRS 4, as described above, although similar IFRS recognition principles apply to the acquisition costs and fees attaching to this type of business. (1a) Insurance and investment new business for overseas operations has been calculated using constant exchange rates. The applicable rate for Jackson National Life is 1.75. A comparison between the results at actual exchange rates and at constant exchange rates is given in the press release. (1b) Insurance and investment new business for overseas operations has been calculated using average exchange rates. The applicable rate for Jackson National Life is 1.75 (2005: 1.82). (2) Represents cash received from sale of investment products. (3) Annual Equivalents, calculated as regular new business contributions plus 10% single new business contributions, are subject to roundings. (4) In Asia, 'Other' insurance operations include Thailand, the Philippines and Vietnam. (5) Balance includes segregated and pooled pension funds, private finance assets and other institutional clients. Other movements reflect the net flows arising from the cash component of a tactical asset allocation fund managed by PPM South Africa. (6) New business in India is included at Prudential's 26% interest in the India life operation. Mandatory Provident Fund (MPF) product sales in Hong Kong are included at Prudential's 36% interest in the Hong Kong MPF operation. (7) Balance sheet figures have been calculated at the closing exchange rate. The 2005 balance is shown on a constant exchange rate. (8) Sales are converted using the year to date average exchange rate applicable at the time. The sterling results for individual quarters represent the difference between the year to date reported sterling results at successive quarters and will include foreign exchange movements from earlier periods (9) On 26 August 2005, Prudential's joint venture partner in the Prudential ICICI Asset Management Company purchased an additional 6% share ownership. As a result, Prudential no longer consolidates the company as a subsidiary. 2005 Q1 results are reported at 100%. (10) Â£95m of FUM reported under Prudential Asian funds operations relates to M& G's products distributed through those Asian operations and this amount is also included in M&G's FUM. (11) In 2006 sales generated from certain bank relationships are being reported within the 'Partnership' category instead of 'Intermediaries', therefore bringing the management of all retail banks under one channel. The 2005 comparative of Â£5 million has not been restated and remains within 'Intermediaries'. (12) In Korea other movements relate to equity fund dividend payments Schedule 1A - Constant Exchange Rates PRUDENTIAL PLC - NEW BUSINESS - QUARTER 1 2006 TOTAL INSURANCE AND INVESTMENT NEW BUSINESS UK & Europe US (1a) Asia Total (1a) 2006 2005 2006 2005 Q1 2006 2005 2006 2005 Q1 Q1 Q1 Q1 Q1 Q1 Q1 YTD YTD +/-(%) YTD YTD +/-(%) YTD YTD +/-(%) YTD YTD +/-(%) Â£m Â£m Â£m Â£m Â£m Â£m Â£m Â£m Total Insurance 2,106 1,712 23% 1,629 1,355 20% 452 301 50% 4,187 3,368 24% Products Total Investment 2,915 2,092 39% - - - 4,405 4,941 (11%) 7,320 7,033 4% Products - Gross Inflows (2) ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Group Total 5,021 3,804 32% 1,629 1,355 20% 4,857 5,242 (7%) 11,507 10,401 11% INSURANCE OPERATIONS Single Regular Total Annual Equivalents (3) 2006 2005 2006 2005 Q1 2006 2005 2006 2005 Q1 Q1 Q1 Q1 Q1 Q1 Q1 YTD YTD +/-(%) YTD YTD +/-(%) YTD YTD +/-(%) YTD YTD +/-(%) Â£m Â£m Â£m Â£m Â£m Â£m Â£m Â£m UK Insurance Operations Direct to Customer Individual 5 4 25% 2 2 0% 7 6 17% 3 2 50% Pensions Life - With 4 2 100% - - - 4 2 100% - - - Profit Bond Life - Other 4 - - - - - 4 - - - - - Individual 165 167 (1%) - - - 165 167 (1%) 17 17 0% Annuities ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Sub-Total 178 173 3% 2 2 0% 180 175 3% 20 19 5% DWP Rebates 161 234 (31%) - - - 161 234 (31%) 16 23 (30%) ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total 339 407 (17%) 2 2 0% 341 409 (17%) 36 43 (16%) Business to Business Corporate 119 56 113% 26 31 (16%) 145 87 67% 38 37 3% Pensions Individual 43 49 (12%) - - - 43 49 (12%) 4 5 (20%) Annuities Bulk Annuities 2 215 (99%) - - - 2 215 (99%) - 22 - ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total 164 320 (49%) 26 31 (16%) 190 351 (46%) 42 63 (33%) Intermediated Distribution (11) Individual 28 21 33% 4 5 (20%) 32 26 23% 7 7 0% Pensions Corporate 10 10 0% 2 2 0% 12 12 0% 3 3 0% Pensions Life - With 44 33 33% - - - 44 33 33% 4 3 33% Profit Bond Life - Other 222 226 (2%) - - - 222 226 (2%) 22 23 (4%) Bond Life - Other 3 - - 2 1 100% 5 1 400% 2 1 100% Individual 190 269 (29%) - - - 190 269 (29%) 19 27 (30%) Annuities ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Sub-Total 497 559 (11%) 8 8 0% 505 567 (11%) 58 64 (9%) DWP Rebates 59 80 (26%) - - - 59 80 (26%) 6 8 (25%) ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total 556 639 (13%) 8 8 0% 564 647 (13%) 64 72 (11%) Partnerships (11) Individual 1 - - - - - 1 - - - - - Pensions Life - With 3 - - - - - 3 - - - - - Profit Bond Life - Other 43 - - - - - 43 - - 4 - - Bond Life - Other 157 198 (21%) 1 - - 158 198 (20%) 17 20 (15%) Individual 91 44 107% - - - 91 44 107% 9 4 125% Annuities Bulk Annuities 662 25 2,548% - - - 662 25 2,548% 66 3 2,100% ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total 957 267 258% 1 - - 958 267 259% 97 27 259% Total: Individual 34 25 36% 6 7 (14%) 40 32 25% 9 10 (10%) Pensions Corporate 129 66 95% 28 33 (15%) 157 99 59% 41 40 3% Pensions Life - With 51 35 46% - - - 51 35 46% 5 4 25% Profit Bond Life - Other 265 226 17% - - - 265 226 17% 27 23 17% Bond Life - Other 164 198 (17%) 3 1 200% 167 199 (16%) 19 21 (10%) Individual 489 529 (8%) - - - 489 529 (8%) 49 53 (8%) Annuities Bulk Annuities 664 240 177% - - - 664 240 177% 66 24 175% ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Sub-Total 1,796 1,319 36% 37 41 (10%) 1,833 1,360 35% 217 173 25% DWP Rebates 220 314 (30%) - - - 220 314 (30%) 22 31 (29%) ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total UK 2,016 1,633 23% 37 41 (10%) 2,053 1,674 23% 239 204 17% Insurance Operations European Insurance Operations (1a) Insurance 53 38 39% - - - 53 38 39% 5 4 25% Products ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total European 53 38 39% - - - 53 38 39% 5 4 25% Insurance Operations ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total UK & Europe 2,069 1,671 24% 37 41 (10%) 2,106 1,712 23% 244 208 17% Insurance Operations US Insurance Operations (1a) Fixed Annuities 149 178 (16%) - - - 149 178 (16%) 15 18 (17%) Fixed Index 133 137 (3%) - - - 133 137 (3%) 13 14 (7%) Annuities Variable 894 591 51% - - - 894 591 51% 89 59 51% Annuities Life 2 5 (60%) 4 2 100% 6 7 (14%) 4 3 33% ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Sub-Total Retail 1,178 911 29% 4 2 100% 1,182 913 29% 122 93 31% Guaranteed 273 54 406% - - - 273 54 406% 27 5 440% Investment Contracts GIC - Medium Term 174 388 (55%) - - - 174 388 (55%) 17 39 (56%) Note ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total US 1,625 1,353 20% 4 2 100% 1,629 1,355 20% 167 137 22% Insurance Operations Asian Insurance Operations (1a) China 11 2 450% 5 4 25% 16 6 167% 6 4 50% Hong Kong 66 57 16% 20 18 11% 86 75 15% 27 24 13% India (@26%) (6) 8 1 700% 32 20 60% 40 21 90% 33 20 65% Indonesia 4 17 (76%) 14 8 75% 18 25 (28%) 14 10 40% Japan 10 5 100% - 1 - 10 6 67% 1 2 (50%) Korea 30 4 650% 52 31 68% 82 35 134% 55 31 77% Malaysia 1 2 (50%) 14 13 8% 15 15 0% 14 13 8% Singapore 88 48 83% 14 12 17% 102 60 70% 23 17 35% Taiwan 31 25 24% 42 23 83% 73 48 52% 45 26 73% Other (4) 2 2 0% 8 8 0% 10 10 0% 8 8 0% ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total Asian 251 163 54% 201 138 46% 452 301 50% 226 154 47% Insurance Operations ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Group Total 3,945 3,187 24% 242 181 34% 4,187 3,368 24% 637 500 27% Schedule 1B - Actual Exchange Rates PRUDENTIAL PLC - NEW BUSINESS - QUARTER 1 2006 TOTAL INSURANCE AND INVESTMENT NEW BUSINESS UK & Europe US (1b) Asia (1b) Total 2006 2005 2006 2005 Q1 2006 2005 2006 2005 Q1 Q1 Q1 Q1 Q1 Q1 Q1 YTD YTD +/-(%) YTD YTD +/-(%) YTD YTD +/-(%) YTD YTD +/-(%) Â£m Â£m Â£m Â£m Â£m Â£m Â£m Â£m Total Insurance 2,106 1,713 23% 1,629 1,256 30% 452 278 63% 4,187 3,247 29% Products Total Investment 2,915 2,092 39% - - - 4,405 4,635 (5%) 7,320 6,727 9% Products - Gross Inflows (2) ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Group Total 5,021 3,805 32% 1,629 1,256 30% 4,857 4,913 (1%) 11,507 9,974 15% INSURANCE OPERATIONS Single Regular Total Annual Equivalents (3) 2006 2005 2006 2005 Q1 2006 2005 2006 2005 Q1 Q1 Q1 Q1 Q1 Q1 Q1 YTD YTD +/-(%) YTD YTD +/-(%) YTD YTD +/-(%) YTD YTD +/-(%) Â£m Â£m Â£m Â£m Â£m Â£m Â£m Â£m UK Insurance Operations Direct to Customer Individual 5 4 25% 2 2 0% 7 6 17% 3 2 50% Pensions Life - With 4 2 100% - - - 4 2 100% - - - Profit Bond Life - Other 4 - - - - - 4 - - - - - Individual 165 167 (1%) - - - 165 167 (1%) 17 17 0% Annuities ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Sub-Total 178 173 3% 2 2 0% 180 175 3% 20 19 5% DWP Rebates 161 234 (31%) - - - 161 234 (31%) 16 23 (30%) ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total 339 407 (17%) 2 2 0% 341 409 (17%) 36 43 (16%) Business to Business Corporate 119 56 113% 26 31 (16%) 145 87 67% 38 37 3% Pensions Individual 43 49 (12%) - - - 43 49 (12%) 4 5 (20%) Annuities Bulk Annuities 2 215 (99%) - - - 2 215 (99%) - 22 - ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total 164 320 (49%) 26 31 (16%) 190 351 (46%) 42 63 (33%) Intermediated Distribution (11) Individual 28 21 33% 4 5 (20%) 32 26 23% 7 7 0% Pensions Corporate 10 10 0% 2 2 0% 12 12 0% 3 3 0% Pensions Life - With 44 33 33% - - - 44 33 33% 4 3 33% Profit Bond Life - Other 222 226 (2%) - - - 222 226 (2%) 22 23 (4%) Bond Life - Other 3 - - 2 1 100% 5 1 400% 2 1 100% Individual 190 269 (29%) - - - 190 269 (29%) 19 27 (30%) Annuities ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Sub-Total 497 559 (11%) 8 8 0% 505 567 (11%) 58 64 (9%) DWP Rebates 59 80 (26%) - - - 59 80 (26%) 6 8 (25%) ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total 556 639 (13%) 8 8 0% 564 647 (13%) 64 72 (11%) Partnerships (11) Individual 1 - - - - - 1 - - - - - Pensions Life - With 3 - - - - - 3 - - - - - Profit Bond Life - Other 43 - - - - - 43 - - 4 - - Bond Life - Other 157 198 (21%) 1 - - 158 198 (20%) 17 20 (15%) Individual 91 44 107% - - - 91 44 107% 9 4 125% Annuities Bulk Annuities 662 25 2,548% - - - 662 25 2,548% 66 3 2,100% ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total 957 267 258% 1 - - 958 267 259% 97 27 259% Total: Individual 34 25 36% 6 7 (14%) 40 32 25% 9 10 (10%) Pensions Corporate 129 66 95% 28 33 (15%) 157 99 59% 41 40 3% Pensions Life - With 51 35 46% - - - 51 35 46% 5 4 25% Profit Bond Life - Other 265 226 17% - - - 265 226 17% 27 23 17% Bond Life - Other 164 198 (17%) 3 1 200% 167 199 (16%) 19 21 (10%) Individual 489 529 (8%) - - - 489 529 (8%) 49 53 (8%) Annuities Bulk Annuities 664 240 177% - - - 664 240 177% 66 24 175% ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Sub-Total 1,796 1,319 36% 37 41 (10%) 1,833 1,360 35% 217 173 25% DWP Rebates 220 314 (30%) - - - 220 314 (30%) 22 31 (29%) ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total UK 2,016 1,633 23% 37 41 (10%) 2,053 1,674 23% 239 204 17% Insurance Operations European Insurance Operations (1b) Insurance 53 39 36% - - - 53 39 36% 5 4 25% Products ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total European 53 39 36% - - - 53 39 36% 5 4 25% Insurance Operations ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total UK & Europe 2,069 1,672 24% 37 41 (10%) 2,106 1,713 23% 244 208 17% Insurance Operations US Insurance Operations (1b) Fixed Annuities 149 165 (10%) - - - 149 165 (10%) 15 17 (12%) Fixed Index 133 127 5% - - - 133 127 5% 13 13 0% Annuities Variable 894 548 63% - - - 894 548 63% 89 55 62% Annuities Life 2 4 (50%) 4 2 100% 6 6 0% 4 2 100% ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Sub-Total Retail 1,178 844 40% 4 2 100% 1,182 846 40% 122 86 42% Guaranteed 273 50 446% - - - 273 50 446% 27 5 440% Investment Contracts GIC - Medium Term 174 360 (52%) - - - 174 360 (52%) 17 36 (53%) Note ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total US 1,625 1,254 30% 4 2 100% 1,629 1,256 30% 167 127 31% Insurance Operations Asian Insurance Operations (1b) China 11 1 1,000% 5 4 25% 16 5 220% 6 4 50% Hong Kong 66 52 27% 20 17 18% 86 69 25% 27 22 23% India (@26%) (6) 8 1 700% 32 18 78% 40 19 111% 33 18 83% Indonesia 4 15 (73%) 14 7 100% 18 22 (18%) 14 9 56% Japan 10 5 100% - 1 - 10 6 67% 1 2 (50%) Korea 30 4 650% 52 27 93% 82 31 165% 55 27 104% Malaysia 1 2 (50%) 14 12 17% 15 14 7% 14 12 17% Singapore 88 45 96% 14 11 27% 102 56 82% 23 16 44% Taiwan 31 24 29% 42 22 91% 73 46 59% 45 24 88% Other (4) 2 2 0% 8 8 0% 10 10 0% 8 8 0% ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total Asian 251 151 66% 201 127 58% 452 278 63% 226 142 59% Insurance Operations ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Group Total 3,945 3,077 28% 242 170 42% 4,187 3,247 29% 637 478 33% Schedule 2 PRUDENTIAL PLC - NEW BUSINESS - QUARTER 1 2006 INVESTMENT OPERATIONS Market & Net Opening Other Currency Movement Closing FUM Gross Redemptions Net Movements Movements In FUM FUM Inflows Inflows Â£m Â£m Â£m Â£m Â£m Â£m Â£m Â£m 2006 M&G Retail 14,627 1,620 (799) 821 - 1,000 1,821 16,448 Institutional (5) 21,568 1,295 (372) 923 50 680 1,653 23,221 ______ ______ ______ ______ ______ ______ ______ ______ Total M&G 36,195 2,915 (1,171) 1,744 50 1,680 3,474 39,669 Asia (10) India (9) 1,465 1,792 (1,784) 8 (9) 108 107 1,572 Taiwan 1,299 657 (641) 16 - 32 48 1,347 Korea (12) 2,803 1,413 (981) 432 (117) 131 446 3,249 Japan 2,695 286 (285) 1 - 35 36 2,731 Other Mutual Fund 841 227 (192) 35 - 35 70 911 Operations ______ ______ ______ ______ ______ ______ ______ ______ Total Asian Mutual Fund 9,103 4,375 (3,883) 492 (126) 341 707 9,810 Operations Hong Kong MPF Products 338 25 (11) 14 - 10 24 362 (at 36%) (6) Third Party 691 5 (5) - - 41 41 732 Institutional Mandates ______ ______ ______ ______ ______ ______ ______ ______ Total Asia Other 1,029 30 (16) 14 - 51 65 1,094 ______ ______ ______ ______ ______ ______ ______ ______ Total Asian Investment 10,132 4,405 (3,899) 506 (126) 392 772 10,904 Operations ______ ______ ______ ______ ______ ______ ______ ______ Total Investment 46,327 7,320 (5,070) 2,250 (76) 2,072 4,246 50,573 Products Market & Net Opening Other Currency Movement Closing FUM Gross Redemptions Net Movements Movements In FUM FUM Inflows Inflows Â£m Â£m Â£m Â£m Â£m Â£m Â£m Â£m 2005 M&G Retail 11,613 801 (581) 220 - 33 253 11,866 Institutional (5) 17,092 1,291 (251) 1,040 69 (6) 1,103 18,195 ______ ______ ______ ______ ______ ______ ______ ______ Total M&G 28,705 2,092 (832) 1,260 69 27 1,356 30,061 Asia (10) India (9) 2,144 2,699 (2,930) (231) (21) 47 (205) 1,939 Taiwan 1,797 730 (893) (163) - 49 (114) 1,683 Korea 1,427 672 (358) 314 (19) 78 373 1,800 Japan 1,638 430 (65) 365 - (71) 294 1,932 Other Mutual Fund 583 86 (174) (88) - (13) (101) 482 Operations ______ ______ ______ ______ ______ ______ ______ ______ Total Asian Mutual Fund 7,589 4,617 (4,420) 197 (40) 90 247 7,836 Operations Hong Kong MPF Products 244 18 (6) 12 - (1) 11 255 (at 36%) (6) Third Party 705 - - - - 12 12 717 Institutional Mandates ______ ______ ______ ______ ______ ______ ______ ______ Total Asia Other 949 18 (6) 12 - 11 23 972 ______ ______ ______ ______ ______ ______ ______ ______ Total Asian Investment 8,538 4,635 (4,426) 209 (40) 101 270 8,808 Operations ______ ______ ______ ______ ______ ______ ______ ______ Total Investment 37,243 6,727 (5,258) 1,469 29 128 1,626 38,869 Products Market & Net Opening Other Currency Movement Closing FUM Gross Redemptions Net Movements Movements In FUM FUM Inflows Inflows % % % % % % % % 2006 Movement Relative to 2005 M&G Retail 26% 102% (38%) 273% - 2,930% 620% 39% Institutional (5) 26% 0% (48%) (11%) (28%) 11,433% 50% 28% ______ ______ ______ ______ ______ ______ ______ ______ Total M&G 26% 39% (41%) 38% (28%) 6,122% 156% 32% Asia (10) India (9) (32%) (34%) 39% 103% 57% 130% 152% (19%) Taiwan (28%) (10%) 28% 110% - (35%) 142% (20%) Korea 96% 110% (174%) 38% (516%) 68% 20% 81% Japan 65% (33%) (338%) (100%) - 149% (88%) 41% Other Mutual Fund 44% 164% (10%) 140% - 369% 169% 89% Operations ______ ______ ______ ______ ______ ______ ______ ______ Total Asian Mutual Fund 20% (5%) 12% 150% (215%) 279% 186% 25% Operations Hong Kong MPF Products 39% 39% (83%) 17% - 1,100% 118% 42% (at 36%) (6) Third Party (2%) - - - - 242% 242% 2% Institutional Mandates ______ ______ ______ ______ ______ ______ ______ ______ Total Asian Other 8% 67% (167%) 17% - 364% 183% 13% ______ ______ ______ ______ ______ ______ ______ ______ Total Asian Investment 19% (5%) 12% 142% (215%) 288% 186% 24% Operations ______ ______ ______ ______ ______ ______ ______ ______ Total Investment 24% 9% 4% 53% (362%) 1,519% 161% 30% Products 2006 Q1 2005 Q1 US (7) YTD YTD +/- (%) Â£m Â£m Curian Capital External Funds Under 1,088 700 55% Administration Schedule 3 PRUDENTIAL PLC - NEW BUSINESS - QUARTER 1 2006 VERSUS QUARTER 4 2005 INSURANCE OPERATIONS Single Regular Total Annual Equivalents (3) Q1 Q4 +/-(%) Q1 Q4 2005 +/-(%) Q1 Q4 +/-(%) Q1 Q4 +/-(%) 2006 2005 2006 2006 2005 2006 2005 Â£m Â£m Â£m Â£m Â£m Â£m Â£m Â£m UK Insurance Operations Direct to Customer Individual Pensions 5 2 150% 2 2 0% 7 4 75% 3 2 50% Life - With Profit 4 4 0% - - - 4 4 0% - - - Bond Life - Other 4 2 100% - - - 4 2 100% - - - Individual 165 178 (7%) - - - 165 178 (7%) 17 18 (6%) Annuities ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Sub-Total 178 186 (4%) 2 2 0% 180 188 (4%) 20 21 (5%) DWP Rebates 161 10 1,510% - - - 161 10 1,510% 16 1 1,500% ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total 339 196 73% 2 2 0% 341 198 72% 36 22 64% Business to Business Corporate Pensions 119 81 47% 26 54 (52%) 145 135 7% 38 62 (39%) Individual 43 61 (30%) - - - 43 61 (30%) 4 6 (33%) Annuities Bulk Annuities 2 98 (98%) - - - 2 98 (98%) - 10 - ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total 164 240 (32%) 26 54 (52%) 190 294 (35%) 42 78 (46%) Intermediated Distribution (11) Individual Pensions 28 15 87% 4 4 0% 32 19 68% 7 6 17% Corporate Pensions 10 11 (9%) 2 1 100% 12 12 0% 3 2 50% Life - With Profit 44 40 10% - - - 44 40 10% 4 4 0% Bond Life - Other Bond 222 265 (16%) - - - 222 265 (16%) 22 27 (19%) Life - Other 3 2 50% 2 2 0% 5 4 25% 2 2 0% Individual 190 209 (9%) - - - 190 209 (9%) 19 21 (10%) Annuities ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Sub-Total 497 542 (8%) 8 7 14% 505 549 (8%) 58 61 (5%) DWP Rebates 59 3 1,867% - - - 59 3 1,867% 6 - - ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total 556 545 2% 8 7 14% 564 552 2% 64 62 3% Partnerships (11) Individual 1 - - - - - 1 - - - - - Pensions Life - With Profit 3 - - - - - 3 - - - - - Bond Life - Other Bond 43 - - - - - 43 - - 4 - - Life - Other 157 185 (15%) 1 1 0% 158 186 (15%) 17 20 (15%) Individual 91 149 (39%) - - - 91 149 (39%) 9 15 (40%) Annuities Bulk Annuities 662 - - - - - 662 - - 66 - - ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total 957 334 187% 1 1 0% 958 335 186% 97 34 185% Total: Individual 34 17 100% 6 6 0% 40 23 74% 9 8 13% Pensions Corporate Pensions 129 92 40% 28 55 (49%) 157 147 7% 41 64 (36%) Life - With Profit 51 44 16% - - - 51 44 16% 5 4 25% Bond Life - Other Bond 265 265 0% - - - 265 265 0% 27 27 0% Life - Other 164 189 (13%) 3 3 0% 167 192 (13%) 19 22 (14%) Individual 489 597 (18%) - - - 489 597 (18%) 49 60 (18%) Annuities Bulk Annuities 664 98 578% - - - 664 98 578% 66 10 560% ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Sub-Total 1,796 1,302 38% 37 64 (42%) 1,833 1,366 34% 217 194 12% DWP Rebates 220 13 1,592% - - - 220 13 1,592% 22 1 2,100% ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total UK Insurance 2,016 1,315 53% 37 64 (42%) 2,053 1,379 49% 239 196 22% Operations European Insurance Operations Insurance Products 53 47 13% - - - 53 47 13% 5 5 0% ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total European 53 47 13% - - - 53 47 13% 5 5 0% Insurance Operations ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total UK and 2,069 1,362 52% 37 64 (42%) 2,106 1,426 48% 244 200 22% Europe Insurance Operations US Insurance Operations (8) Fixed Annuities 149 149 0% - - - 149 149 0% 15 15 0% Fixed Index 133 155 (14%) - - - 133 155 (14%) 13 16 (19%) Annuities Variable Annuities 894 735 22% - - - 894 735 22% 89 74 20% Life 2 3 (33%) 4 4 0% 6 7 (14%) 4 4 0% ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Sub-Total Retail 1,178 1,042 13% 4 4 0% 1,182 1,046 13% 122 108 13% Guaranteed 273 49 457% - - - 273 49 457% 27 5 440% Investment Contracts GIC - Medium Term 174 9 1,833% - - - 174 9 1,833% 17 1 1,600% Note ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total US Insurance 1,625 1,100 48% 4 4 0% 1,629 1,104 48% 167 114 46% Operations Asian Insurance Operations (8) China 11 8 38% 5 8 (38%) 16 16 0% 6 9 (33%) Hong Kong 66 88 (25%) 20 28 (29%) 86 116 (26%) 27 37 (27%) India (@26%) (6) 8 1 700% 32 16 100% 40 17 135% 33 16 106% Indonesia 4 6 (33%) 14 13 8% 18 19 (5%) 14 14 0% Japan 10 11 (9%) - - - 10 11 (9%) 1 1 0% Korea 30 18 67% 52 41 27% 82 59 39% 55 43 28% Malaysia 1 1 0% 14 20 (30%) 15 21 (29%) 14 20 (30%) Singapore 88 90 (2%) 14 19 (26%) 102 109 (6%) 23 28 (18%) Taiwan 31 29 7% 42 40 5% 73 69 6% 45 43 5% Other (4) 2 2 0% 8 9 (11%) 10 11 (9%) 8 9 (11%) ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Total Asian 251 254 (1%) 201 194 4% 452 448 1% 226 219 3% Insurance Operations ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Group Total 3,945 2,716 45% 242 262 (8%) 4,187 2,978 41% 637 534 19% INVESTMENT OPERATIONS M&G (5) Asia Mutual Funds Asia Other Total Investment Products Q1 2006 Q4 2005 +/-(%) Q1 2006 Q4 2005 +/-(%) Q1 Q4 +/-(%) Q1 2006 Q4 2005 +/-(%) 2006 2005 Â£m Â£m Â£m Â£m Â£m Â£m Opening FUM 36,195 33,760 7% 9,103 8,294 10% 1,029 980 5% 46,327 43,034 8% Gross Inflows 2,915 2,316 26% 4,375 4,055 8% 30 22 36% 7,320 6,393 15% Less Redemptions (1,171) (1,189) 2% (3,883) (3,685) (5%) (16) (11) (45%) (5,070) (4,885) (4%) ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Net Flows 1,744 1,127 55% 492 370 33% 14 11 27% 2,250 1,508 49% Other Movements 50 (74) 168% (126) (6) (2,000%) - - - (76) (80) 5% Market And 1,680 1,382 22% 341 445 (23%) 51 38 34% 2,072 1,865 11% Currency Movements ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Net Movements in 3,474 2,435 43% 707 809 (13%) 65 49 33% 4,246 3,293 29% FUM ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ Closing FUM 39,669 36,195 10% 9,810 9,103 8% 1,094 1,029 6% 50,573 46,327 9% This information is provided by RNS The company news service from the London Stock Exchange

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Friday, 22nd November 2024

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Games Workshop shares jump in early trade as interim results are on track to impress, and Ithaca Energy continues its march higher off yesterday’s dividend news but Amigo slips as options for the future remain limited.

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