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Holding(s) in Company

21st Dec 2007 16:58

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 19.12.07 which the threshold is crossed or

reached if different):

6. Date on which issuer notified: 21.12.07 7. Threshold(s) that is/are crossed or Below 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 of Number of voting Percentage of shares voting shares rights voting rights rights Direct Indirect Direct Indirect

GB0030559776 64,695,350 64,695,350 Below 3% Below 3% n/a

Below 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 be voting rights instrument period/date acquired (if the instrument exercised/ converted) Total (A+B) Number of voting rights Percentage of voting rights Below 3% Below 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: Glenda Burford 15. Contact telephone number: +44207888 3599

FRIENDS PROVIDENT PLC

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