LONDON, May 22, 2003 (PRIMEZONE) -- Prudential plc (NYSE:PUK) (LSE:PRU):
No of Reports in announcement: 1
1. Name of director:
Alexander Stewart
2. Please state whether notification indicates that it is in respect of holding of the director named in 1 above or holding of that person's spouse or children under the age of 18 or in respect of a non-beneficial interest:
Director named above
3. Name of registered holder(s) and, if more than one holder, the number of shares held by each of them (if notified):
Gerrards Blue Chip PEP
4. Please state whether notification relates to a person(s) connected with the director named in 1 above and identify the connected person(s):
N/A
5. Please state the nature of the transaction. For PEP transactions please indicate whether general/single/Company on PEP and if discretionary/ non-discretionary:
General Company PEP - discretionary
6. Number of shares/amount of stock acquired:
N/A
7. Percentage of issued class:
N/A
8. Number of shares/amount of stock disposed:
44 shares
9. Percentage of issued class:
Less than 0.000003%
10. Class of security:
Ordinary shares of 5p each
11. Price per share:
GBP3.90
12. Date of transaction:
15 May 2003
13. Date company informed:
22 May 2003
14. Total holding following this transaction:
15,831 shares
15. Total percentage holding of issued class following this notification:
Less than 0.0008%
If a director has been granted options by the company, please complete the following fields:
16. Date of grant:
N/A
17. Period during which or date on which exercisable:
N/A
18. Total amount paid (if any) for grant of the option:
N/A
19. Description of shares or debentures involved: class, number:
N/A
20. Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise:
N/A
21. Total number of shares or debentures over which options held following this notification:
N/A
Additional information:
The Director was informed on 22 May 2003 that a disposal of 44 Prudential shares had been made from his Discretionary Managed PEP.
Company official responsible for making notification
Bob Walker, Deputy Group Secretary 020 7548 3804
Date of Notification
22 May 2003
Contact name for Enquiries
Gavin White, 0207 548 3423