Re Joint Venture

Legal & General Group Plc
03 April 2008

FINAL
3 April 2008



                        LEGAL & GENERAL - JOINT VENTURE


Legal & General Group Plc has today announced the signing of a Memorandum of
Understanding with Ahli United Bank B.S.C. to set up a new joint venture
company, headquartered in the Kingdom of Bahrain.



The joint venture will initially offer a range of takaful(1) life and health
insurance products and pension plans to retail and corporate customers in the
Gulf region. Product distribution will be primarily through exclusive access to
the Ahli United Bank Group's branch network and other third party distribution
arrangements.



The joint venture is subject to necessary regulatory and statutory approvals.



About Legal & General

Legal & General Group Plc is a leading UK risk, savings and investment company.
Founded over 170 years ago, Legal & General today provides life assurance and
other financial protection products, annuities and long-term savings products
including ISA's and pensions. With £297 billion in funds under management (as at
31 December 2007), it is also the largest investor for UK pension funds. Legal &
General has over 5.7 million UK customers.  Our products are sold through a wide
range of bank and building society relationships, through Independent Financial
Advisers and also directly to customers.  Legal & General Assurance Society, our
principal operating company, is one of Europe's top rated life companies for
financial strength, with an AA+ rating from Standard & Poor's and Aa1 from
Moody's.



About Ahli United Bank

Ahli United Bank B.S.C. (AUB) and its affiliated companies is engaged in
conventional and Islamic - retail and commercial banking business, and
investment banking, global fund management and private banking businesses.  The
AUB group operates as a locally incorporated full commercial bank and operates a
substantial branch network through its subsidiaries in the State of Kuwait and
the United Kingdom and through its associates in the State of Qatar, Sultanate
of Oman, Arab Republic of Egypt and Republic of Iraq.  AUB is listed on the
Bahrain and Kuwait stock exchanges and is rated A- (stable) by Standard & Poor's
and A- (long-term) by Fitch.



As at 31 December 2007, AUB Group had assets totalling US$23.0 billion with
loans and deposits totalling US$12.0 billion and US$17.8 billion respectively.
Funds under management stood at US$8.4 billion as at 31 December 2007.



Note:

(1) Takaful is a form of insurance designed to provide life and non-life
benefits to customers in a way that is compatible with Islamic Shariah Law.



Enquiries to:

Investors:
Jonathan Maddock, Head of Investor Relations                     020 3124 2150
Nicola Marshall, Investor Relations Manager                      020 3124 2151



Media:
John Godfrey, Corporate Communications Director                  020 3124 2090
Richard King, Head of Media Relations                            020 3124 2095
Anthony Carlisle, Citigate Dewe Rogerson                          07973 611888





Financial calendar 2008:
Event                                                                                          Date
Ex-dividend date for 2007 final dividend                                              16 April 2008
Q1 2008 new business results                                                          16 April 2008
Annual General Meeting                                                                  14 May 2008
Payment date of 2007 final dividend (to members registered on 18 April 2008)            19 May 2008
2008 interim results and Q2 2008 new business results                                 5 August 2008
Ex-dividend date for 2008 interim dividend                                         3 September 2008
Payment date for 2008 interim dividend (to members registered on 5 September         1 October 2008
2008)

Forward-looking statements:

This document may contain certain forward-looking statements with respect to
certain of Legal & General Group Plc's plans and its current goals and
expectations relating to future financial condition, performance and results. By
their nature forward-looking statements involve risk and uncertainty because
they relate to future events and circumstances which are beyond Legal & General
Group Plc's control, including, among others, UK domestic and global economic
and business conditions, market related risks such as fluctuations in interest
rates and exchange rates, the policies and actions of governmental and
regulatory authorities, the impact of competition, the timing impact and other
uncertainties of future mergers or combinations within relevant industries. As a
result, Legal & General Group Plc's actual future condition, performance and
results may differ materially from the plans, goals and expectations set out in
Legal & General Group Plc's forward-looking statements.  Legal & General Group
Plc does not undertake to update forward-looking statements contained in this
document or any other forward-looking statement it may make.




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