Extending Barclays' Alliance

Legal & General Group PLC 16 November 2001 LEGAL & GENERAL GROUP PLC EXTENDING THE BARCLAYS' RELATIONSHIP Legal & General is extending its strategic alliance with Barclays PLC by offering its range of value for money financial services products to Barclaycard's 8 million customers in the UK. The arrangement will take effect on 1 January 2002. From that date Barclaycard customers will be offered Legal & General branded investment and life protection products. Further Legal & General products will be offered to customers later in the year. Barclaycard will offer Legal & General's products to its customers through direct mail, advertisements and via www.barclaycard.co.uk. This is expected to generate between £5 million and £7 million Annual Premium Equivalent (APE) in the first full year of operation. The relationship with Barclaycard's customers will be served through Legal & General's Cardiff operations. Kate Avery, Group Director of Business Partnerships at Legal & General said, 'This new alliance with Barclaycard is a further demonstration of Legal & General's success at driving forward the new model for financial services distribution. A deal like this gives Barclaycard's customers easy access to great products and further develops Legal & General's market leading partnership strategy.' Contacts Investors: Peter Horsman 020 7528 6362 Head of Investor Relations peter.horsman@group.landg.com Media: John Morgan 020 7528 6213 Head of PR john.morgan@group.landg.com 16 November 2001
UK 100

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