Prudential plc: Disclosure Director's Details and Share Interests -- David Clementi


LONDON, December 2, 2002 (PRIMEZONE) -- Prudential plc (NYSE:PUK) (LSE:PRU):

1. Director's details:

Following the announcement made on September 5, 2002, Prudential plc now announces that Sir Roger Hurn has resigned as a director and Chairman of the Board with effect from 30 November 2002 and that David Clementi has succeeded him as a director and Chairman with effect from December 1, 2002. We hereby confirm the following as required by Listing Rules 16.4 and 6.F.2(b) to (g):

Directorships held in publicly quoted companies in the five years prior to appointment

Current Directorships: None

Former Directorships: None

There are no details to be disclosed that may otherwise have been required by paragraphs 6.F.2(b) to (g) and 16.4(a) of the Listing Rules.

2. Schedule 11 -- Notification of Interests of Directors and Connected Persons:

1. Name of director: David C Clementi

2. Please state whether notification indicates that it is in respect of holding of the director named in 1 above or holding of that person's spouse or children under the age of 18 or in respect of a non-beneficial interest:

Director named above and spouse

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

Frank Nominees Limited

4. Please state whether notification relates to a person(s) connected with the director named in 1 above and identify theconnected person(s):

See 2 above

5. Please state the nature of the transaction. For PEP transactions please indicate whether general/single/Company on PEP and if discretionary/non-discretionary:

David C Clementi was interested in shares in Prudential plc and Egg plc (as set out in 6 below) as at 1 December 2002, being the date on which he became a director and Chairman of Prudential plc, and whose appointment was previously announced to the Stock Exchange on 5 September 2002.

6. Number of shares/amount of stock acquired:

Prudential plc: 6,742

Egg plc: Nil

7. Percentage of issued class:

Less than 0.0003%

8. Number of shares/amount of stock disposed:

N/A

9. Percentage of issued class:

N/A

10. Class of security:

Prudential plc: shares of 5p each

Egg plc: shares of 50p each

11. Price per share:

N/A

12. Date of transaction:

See 5 above.

13. Date company informed:

N/A

14. Total holding following this transaction:

Prudential plc: 6,742 shares of 5p each

Egg plc: Nil shares of 50p each

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

Less than 0.0003%

If a director has been granted options by the company, please complete the following fields:

16. Date of grant:

N/A

17. Period during which or date on which exercisable:

N/A

18. Total amount paid (if any) for grant of the option:

N/A

19. Description of shares or debentures involved: class, number:

N/A

20. Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise:

N/A

21. Total number of shares or debentures over which options held following this notification:

N/A

This information is provided by RNS

The company news service from the London Stock Exchange



            

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