Short Selling Disclosure

TR-5 :

Disclosure of Short Position relating to Securities which are the subject of a rights issue or a UK Financial Sector Company

1. Full name of person(s) holding the disclosable short position :

PCE Investors Limited

acting as Discretionary Investment Manager for

The Abaco Financials Master Fund Limited

2: Name of the issuer of the relevant securities

Provident Financial Plc

3: Disclosable short position

0.2488%

4. Date that disclosable short position was held

26 April 2011