Proposal for Polish rate cap

Provident Financial PLC
09 August 2005



Proposal for the introduction of an interest rate cap in Poland


As we have previously announced, the Polish parliament has approved the
introduction of an interest rate cap, subject to ratification by the President.
The President has now approved the act which will come into effect in February
2006.


We have made preparations to amend our offer to comply with the new regulations
and remain confident of a successful and profitable future for our Polish
business.


Enquiries:


Media and Investor Relations        Rachel Brown                 01274 731111


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