PRUDENTIAL PLC ANNOUNCEMENT: Holding(s) in Company


LONDON, UK, March 18, 2004 (PRIMEZONE) --

Schedule 10 - Notification of Major Interests in Shares

1. Name of Company

Prudential plc

2. Name of shareholder having a major interest:

Cater Allen International Limited

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 Cater Allen International Limited

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:

See additional information

6. Percentage of issued class:

See additional information

7. Number of shares/amount of stock disposed:

N/A

8. Percentage of issued class:

N/A

9. Class of security:

Ordinary shares of 5p each

10. Date of transaction:

Not known

11. Date company informed:

18 March 2004

12. Total holding following this notification:

68,165,921 ordinary shares

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

3.39%

14. Additional Information:

Cater Allen International Limited informed the Company on 18 March 2004 that its interest in the ordinary shares of Prudential plc had increased to 68,165,921 ordinary shares being 3.39% of the issued share capital. This holding had arisen from stock loan transactions done under the relevant approved documentation as a principal trading member of the London Stock Exchange.

Company official responsible for making notification

Bob Walker, Deputy Group Secretary

020 7548 3848

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

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Contact name for Enquiries

Sylvia Mitchell

020 7548 3826