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Holding(s) in Company

9th Nov 2007 16:39

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): Change in issued share capital

3. Full name of person(s) Lloyds TSB Group Plc subject to notification obligation:

4. Full name of shareholder(s) Nominees (Jersey) Ltd

(if different from 3): Perry Nominees Ltd Boltro Nominees Ltd Ward Nominees Ltd Lloyds Bank (PEP) Nominees Ltd Lloyds TSB Registrars State Street Nominees Ltd 5. Date of transaction (and 08/11 2007

date on which the threshold is

crossed or reached if different): 6. Date on which issuer 09/11 2007 notified:

7. Threshold(s) that is/are Reached 6% crossed or reached: 8: Notified Details A: Voting rights attached to shares Class/ Situation previous to Resulting situation after the triggering type of the triggering transaction shares transaction If possible use ISIN code Number Number of Number of Number of voting Percentage of voting of voting shares rights rights shares rights Direct Indirect Direct Indirect

3055977 126,843,165 126,843,165 136,819,637 136,819,637 6.354

Ord GBP0.10 B: Financial Instruments

Resulting situation after the triggering transaction

Type of Expiration Exercise/ No. of voting Percentage of financial date conversion rights that may be voting rights instrument period/date acquired (if the instrument exercised/ converted) Total (A+B) Number of voting rights Percentage of voting rights 136,819,637 6.354

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

267,193 Shares are held by Nominees (Jersey) Ltd, a wholly owned subsidiary of Lloyds TSB Bank Plc, a wholly owned subsidiary of Lloyds TSB Group Plc.

250,058 Shares are held by Perry Nominees Ltd, a wholly owned subsidiary of Lloyds TSB Bank Plc, a wholly owned subsidiary of Lloyds TSB Group Plc.

39,805 Shares are held by Boltro Nominees Ltd, a wholly owned subsidiary of Lloyds TSB Bank Plc, a wholly owned subsidiary of Lloyds TSB Group Plc.

8,296 Shares are held by Ward Nominees Ltd, a wholly owned subsidiary of Lloyds TSB Bank Plc, a wholly owned subsidiary of Lloyds TSB Group Plc.

199,078 Shares are held by Lloyds Bank (Pep) Nominees Ltd, a wholly owned subsidiary of Lloyds TSB Bank Plc, a wholly owned subsidiary of Lloyds TSB Group Plc.

14,975 Shares are held by Lloyds TSB Registrars, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds TSB Group Plc.

136,040,232 Shares are held by State Street Nominees Ltd. Shares are under the control of Scottish Widows Investment Partnership Ltd, a wholly owned subsidiary of Scottish Widows Investment Partnership Group Ltd, a wholly owned subsidiary of Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds TSB Group Plc.

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 name: 01306 654802

FRIENDS PROVIDENT PLC

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