Appointment of Corporate Broker

Appointment of Corporate Broker

Phoenix Group Holdings today announces the appointment of HSBC Bank plc as Joint Corporate Broker alongside J.P. Morgan Cazenove.

Clive Bannister, Group Chief Executive, said:

"We are delighted to announce the appointment of HSBC as our Joint Corporate Broker. Phoenix has a longstanding relationship with HSBC across a range of products and we are looking forward to working with them as we continue our development as the UK's leading specialist closed life fund consolidator."

Enquiries

Investors:

Sam Perowne, Head of Investor Relations, Phoenix Group

+44 (0) 20 3735 0021

Media:

Neil Bennett, Maitland

Peter Ogden, Maitland

+ 44 (0) 20 7379 5151