Prudential : Major Shareholding Notification

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Prudential plc

2. Reason for the notification:

An acquisition or disposal of voting rights

3. Full name of person(s) subject to the notification obligation:

The Capital Group Companies, Inc.

4. Full name of shareholder(s) (if different from 3.):

See answer to Question 9

5. Date of the transaction and date on which the threshold is crossed or reached:

21 October 2016

6. Date on which issuer notified:

24 October 2016

7. Threshold(s) that is/are crossed or reached:

Below 10% - Aggregate of voting rights from shares

8. Details notified:

8A: Voting rights attached to shares

Class/type of shares	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		% of voting rights
			Direct	Direct	Indirect	Direct	Indirect
Ordinary 5p(GB0007099541)	260,889,066	260,889,066			253,596,129		9.8326%
ADRs (US74435K2042)	452,615	905,230			905,308		0.0351%

8B: Financial Instruments

Resulting situation after the triggering transaction:

Type of financial instrument	Expiration date	Exercise/ Conversion Period/ Date	Number of voting rights that may be acquired if the Instrument is exercised/ converted	% of voting rights
n/a	n/a	n/a	n/a	n/a

8C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Type of financial instrument	Expiration date	Exercise/ Conversion Period/ Date	Number of voting rights that may be acquired if the Instrument is exercised/ converted	% of voting rights
				Nominal	Delta
n/a	n/a	n/a	n/a	n/a	n/a

Total (A+B+C):

Number of voting rights	% of voting rights
254,501,437	9.8677%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

	Number of Shares	Percent of Outstanding
The Capital Group Companies, Inc. ('CG') holdings	254,501,437	9.8677%
Holdings by CG Management Companies and Funds: Capital Guardian Trust Company Capital International, Inc. Capital International Limited Capital International Sàrl Capital Research and Management Company	11,360,256 53,647 316,750 274,267 242,496,517	0.4405% 0.0021% 0.0123% 0.0106% 9.4023%

Indirect subsidiaries of Capital Research and Management Company.

Subsidiary of The Capital Group Companies, Inc.

Proxy Voting:

10. Name of the proxy holder:

n/a

11. Number of voting rights proxy holder will cease to hold:

n/a

12. Date on which proxy holder will cease to hold voting rights:

n/a

13. Additional information:

n/a

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.

Contact name for enquiries

Chris Smith, Deputy Group Secretary, [phone]

Company official responsible for making notification

Helen Archbold, Head of Corporate Secretariat