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Statement by J.C. Flowers

18th Apr 2008 17:31

Friends Provident PLC18 April 2008 Friends Provident notes the announcement by JC Flowers that it is no longerconsidering making an offer for the company. Friends Provident remains focused on the implementation of its strategic reviewannounced on 31 January 2008. Good progress is being made and the Board remainsconfident that its strategy will deliver its objectives of improving cashflowand returns for shareholders. Friends Provident will keep shareholders informedof progress. As a result of the announcement by JC Flowers, Friends Provident is no longer inan Offer Period under the Takeover Code. Enquiries - Friends Provident+44 (0)845 641 7814Nick Boakes Finsbury+44 (0)20 7251 3801James MurgatroydAlex Simmons This information is provided by RNS The company news service from the London Stock Exchange

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