Short Selling Disclosure

JGD Management Corp.
                  

Form TR-4. FSA Version 2.0 September 2008

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TR-4(1)     Disclosure of Short Position relating to UK Financial Sector Company(2)
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1. Full name of person(s) holding the          JGD Management Corp.
 disclosable short position(3)
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2: Name of the issuer of the relevant          Provident Financial Plc
 securities
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3: Disclosable short position(4)               1.77%
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4. Date that disclosable short position was
 held                                          10/16/08
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(1 )This form, or the information contained within it, should be disclosed via
an RIS using the short code SSD. :

(2 )This form relates to the disclosure of short positions in compliance with
the FSA's Short Selling (NO2) Instrument 2008 and the related FAQ document on
the FSA's website.

(3)Specify the holder of the net short position. The naming of nominees or
vehicle companies is insufficient. In the case of an investment manager or
authorised fund manager managing assets on behalf of a client, the disclosure
obligation applies at the level of both the entity to which MAR 1.9.2C applies
and at the level of the investment manager or authorised fund manager. The
investment manager or authorised fund manager may make a net short position
disclosure on behalf of its client. In respect of itself, the investment manager
or authorised fund manager is required to disclose its aggregate net short
position across all of the funds it manages on a discretionary basis.

Where a disclosure by an investment manager or authorised fund manager is the
same as that being made for its client/fund/sub-fund, it is permitted to make a
single disclosure provided that the disclosure makes it clear that it applies to
both parties. See FAQ document for further details.

(4 )Figure to be expressed as a percentage of issued share capital. Disclosable
short position is defined in the Glossary of Definitions in the FSA Handbook.
Positions must be disclosed on a net basis of all holdings. All financial
instruments that represent a direct or indirect economic interest in the
relevant issuer must be included within such holdings.