13th May 2008 17:11
TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
M&G Recovery Investment Company Limited
2. Reason for the notification State 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): Confirmation of current position as required by EU Transparency Directive Regulations
3. Full name of person(s) subject to the notification Prudential plc group of obligation (iii):
companies
4. Full name of shareholder(s) (if different from 3.) See attached schedule (iv):
5. Date of the transaction (and date on which the 09 May 2008 threshold is crossed or reached if different) (v): 6. Date on which issuer notified: 13 May 2008 7. Threshold(s) that is/are crossed or reached: 82% 8. Notified details:
A: Voting rights attached to shares
Class/type of Situation previous to Resulting situation after the triggering
shares the Triggering transaction (vii) if possible transaction (vi) using the ISIN CODE Number Number Number Number of voting % of voting of of of rights (ix) rights Shares Voting shares Rights (viii) Direct Direct Indirect Direct Indirect (x) (xi)
GB0031194086 96,752,050 96,752,050 97,567,779 97,567,779 82.25%
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
Type of Expiration Exercise/ Number of voting % of financial date (xiii) Conversion rights that may be voting instrument Period/ Date (xiv) acquired if the rights instrument is exercised/ converted N/a N/a N/a N/a N/a Total (A+B) Number of voting rights % of voting rights 97,567,779 82.25%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
Prudential plc (parent Company) M&G Group Limited (wholly owned subsidiary of Prudential plc) M&G Limited (wholly owned subsidiary of M&G Group Limited)
M&G Investment Management Limited (wholly owned subsidiary of M&G Limited)
Proxy Voting:
10. Name of the proxy holder: N/a 11. Number of voting rights proxy holder will cease to hold: N/a 12. Date on which proxy holder will cease to hold voting N/a rights: 13. Additional information: Packaged Units Traded 14. Contact name: Dipesh Varsani M&G Investment Management Limited 15. Contact telephone number: 020 7548 3261
Notifiable Position Report for M&G RECOVERY IT CO PKG UTS(2 ORD & 1'0'DIV PRE
as at 09 May 2008
Percentage holdings are calculated using an issued share capital of 118,615,657 PKG UTS(2 ORD & 1'0'DIV PRE shares
Registered Holding % Holder
Prudential plc NORTRUST NOMS 97,567,779 82.25 Total Notifiable
LTD A/C MVC01 Interest M&G Group NORTRUST NOMS 97,567,779 82.25 Limited LTD A/C MVC01 M&G Investment NORTRUST NOMS 97,567,779 82.25 Management LTD A/C MVC01 Limited M&G Limited NORTRUST NOMS 97,567,779 82.25 LTD A/C MVC01 End of Report
M & G RECOVERY INVESTMENT COMPANY LIMITEDRelated Shares:
MGR.L