Les Cullen to Resign as Finance Director

Prudential PLC 18 February 2000 FINANCE DIRECTOR TO RESIGN FROM PRUDENTIAL PLC Prudential announced today that group finance director, Les Cullen, intends to resign from the company and will be leaving in April 2000. Mr. Cullen joined Prudential in September 1999 following a career in Black & Decker, Grand Met and Inchcape. Jonathan Bloomer, chief executive designate, said 'This is Les' first experience in the financial services industry and he has decided that his future lies elsewhere. We are now seeking a new group finance director, most probably with experience in the life assurance/financial services industry. Les will be staying with us for the next couple of months to help us through our year-end work. He leaves us with our best wishes' Notes to editors: As previously announced on 14 January 2000: Jonathan Bloomer will become Group chief executive of Prudential plc on 1 March 2000. Sir Roger Hurn will become Chairman of Prudential plc on 5 May 2000. Enquiries: Jeremy Reynolds/Kevin Russell Prudential Media Relations Tel: 020 7548 3721/3723 Carys Walshe Investor Relations Tel: 020 7548 3823

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