Prudential plc announces S198 Notification -- 2


LONDON, UK, March 29, 2004 (PRIMEZONE) -- PRUDENTIAL PLC ANNOUNCEMENT

Schedule 10 - Notification of Major Interests in Shares

1. Name of Company

Prudential plc

2. Name of shareholder having a major interest:

Lehman Brothers International (Europe)

3. Please state whether notification indicates that it is in respect of holding of the shareholder named in 1 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18:

Notifiable interest of Lehman Brothers International (Europe)

4. Name of registered holder(s) and, if more than one holder, the number of shares held by each of them:

Not known

5. Number of shares/amount of stock acquired:

N/A

6. Percentage of issued class:

N/A

7. Number of shares/amount of stock disposed:

See additional information

8. Percentage of issued class:

See additional information

9. Class of security:

Ordinary shares of 5p each

10. Date of transaction:

24th March 2004

11. Date company informed:

29 March 2004

12. Total holding following this notification:

66,066,824 ordinary shares

13. Total percentage holding of issued class following this notification:

3.29%

14. Additional Information:

Lehman Brothers International (Europe) notified the Company that it had an interest as at the close of business on 24 March 2004 in 66,066,824 ordinary shares of Prudential plc.

-ENDS-



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

Contact name for Enquiries

Jennie Webb

020 7548 6027

Company official responsible for making notification

Bob Walker, Deputy Group Secretary

020 7548 3848


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