Disposal

Aviva PLC
15 July 2004




News release



15 July 2004



AVIVA SELLS YOUR MOVE AND E.SURV TO BARCLAYS PRIVATE EQUITY



Aviva plc ('Aviva') has sold its Your Move estate agency and e.surv surveying
businesses to Lending Solutions Limited, backed by Barclays Private Equity, for
£42 million. The aggregate net asset value of Your Move and e.surv at 31
December 2003 was £5 million and the aggregate pre-tax operating profit in 2003
was £1 million.



Lending Solutions Limited is a new company which has been formed for the purpose
of acquiring Your Move and e.surv from Aviva.  Its management team comprises
members of the existing Your Move and e.surv management teams, and it is funded
by a combination of private equity and debt financing.



Commenting on the sale, Jim Newman, finance director of Norwich Union Life and
Pensions and the outgoing chairman of Your Move, said:  'Having received a
number of expressions of interest, we concluded that these businesses were no
longer core to Aviva's strategy and could be more effectively developed under
new ownership.



'We wish the management team and employees every success in their new venture.'



Your Move has around 230 branches and 2000 staff in the UK.  e.surv, which
operates from around 80 offices, employs approximately 600 staff, including 250
chartered surveyors.

                                    - ends -

Enquiries:

Media:

Hayley Stimpson, director of external affairs           [phone]
Sue Winston, head of group media relations              [phone]


Analysts:
James Matthews, head of investor relations               [phone]



Notes to editors:

•                Financial Reporting Standard 10 (FRS 10) requires that
goodwill arising on acquisitions pre-1998 previously written-off to reserves be
taken into account when calculating the profit/loss on disposal of a business.
Accordingly, the pre-tax accounting profit/loss on sale which will be reported
within the group's financial statements for the year ended 31 December 2004 will
be calculated after the write back of goodwill previously written off to
reserves of £167 million. The write back of goodwill previously written off to
reserves does not affect shareholders' funds nor the incremental impact of the
transaction on the net asset value per share.



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