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Holding(s) in Company

18th Dec 2007 16:59

TR-1: Notifications of Major Interests in Shares 1. Identity of the issuer or the underlying Friends Provident plc issuer of existing shares to which voting rights are attached: 2. Reason for notification (yes/no) An acquisition or disposal of voting rights Yes An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An event changing the breakdown of voting rights Other (please specify):______________

3. Full name of person(s) subject to Credit Suisse Securities (Europe) notification obligation:

Limited

4. Full name of shareholder(s) (if Credit Suisse Securities (Europe) different from 3):

Limited Credit Suisse International 5. Date of transaction (and date on 14.12.07 which the threshold is crossed or reached if different): 6. Date on which issuer notified: 18.12.07 7. Threshold(s) that is/are crossed or 3% reached: 8: Notified Details A: Voting rights attached to shares

Class/type Situation previous Resulting situation after the triggering of shares to the triggering transaction

transaction If possible use ISIN code Number of Number of Number Number of voting Percentage of shares voting of rights voting rights rights shares Direct Indirect Direct Indirect GB0030559776 n/a n/a 64,695,350 64,695,350 n/a 3% n/a B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise/ No. of voting Percentage of financial date conversion rights that may voting rights instrument period/date be acquired (if the instrument exercised/ converted) Total (A+B) Number of voting rights Percentage of voting rights 64,695,350 3%

9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:

Credit Suisse Securities (Europe) Limited and Credit Suisse International are adivision of Credit Suisse ("CSIBD"), which is part of the Credit Suisse Group ("CSG"). CSIBD is a segregated business unit within CSG with an independent management structure and exercises its voting rights independently from other divsions of CSG Proxy Voting: 10. Name of proxy holder:

11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14 Contact name: Gordon Ellis 15. Contact telephone number: 01306 654802

FRIENDS PROVIDENT PLC

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