SOURCE: Prudential plc

March 24, 2005 12:02 ET

PRUDENTIAL PLC ANNOUNCES HOLDING(S) IN COMPANY

LONDON, UK -- (MARKET WIRE) -- March 24, 2005 --

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:

    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:

    21 March 2005

11. Date company informed:

    24 March 2005

12. Total holding following this notification:

    99,067,148 ordinary shares of 5p each

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

    4.17%

14. Additional Information:

    Lehman Brothers International (Europe) notified the Company on 24 
    March 2005 that as at the close of business on 21 March 2005, it had 
    an interest in 99,067,148 ordinary shares of Prudential plc, being 
    4.17% of the issued share capital of the Company.


                                   -ENDS-

Contact name for Enquiries
Anne Newman
020 7548 3229

Company official responsible for making notification
Vanessa Jones, Deputy Group Secretary
020 7548 3805

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