SOURCE: Prudential plc

August 23, 2006 12:02 ET

Prudential PLC announces Scrip Dividend

LONDON, UK -- (MARKET WIRE) -- August 23, 2006 --

Date: 23 August 2006

PRUDENTIAL PLC SCRIP DIVIDEND

Prudential plc announces that the reference price for the fully paid extra shares to be issued to shareholders who elect to receive the scrip dividend alternative for the 2006 interim dividend is 577pence per share.

The reference price is calculated as the average of the middle market quotations for the Company's shares as derived from the Daily Official List of the London Stock Exchange for the five business days, which commenced on 16 August 2006.

Further details of the scrip dividend alternative will be mailed to shareholders in mid September 2006.

Prudential plc is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America.

Name of contact & telephone numbers for queries:

Group Secretarial

Penny Follows 020 7548 3821

Jennie Webb 020 7548 2027

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