Insurance Disposal Completed

Provident Financial PLC
15 June 2007


                            PROVIDENT FINANCIAL plc


          COMPLETION OF SALE OF PROVIDENT INSURANCE TO GMAC INSURANCE


Provident Financial plc today announces that it has now completed the sale of
Provident Insurance, announced on 9 May 2007, following receipt of the necessary
regulatory change of control approvals.





15 June 2007







Enquiries:



Media:

David Stevenson
Tel:  [phone]



Investor relations:

Stuart Caldwell
Tel:  [phone]








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