Legal & General : Annual Financial Report

ANNUAL FINANCIAL REPORT AND NOTICE OF ANNUAL GENERAL MEETING

Further to the release of the Company's Preliminary Results announcement on 4 March 2015, the Company announces that it has today published its Annual Report & Accounts 2014 (or 'Annual Financial Report'). The Annual Financial Report is now available on the Company's website athttp://investor.legalandgeneral.com/results.cfmalongside the Preliminary Results announcement which can be foun d at http://investor.legalandgeneral.com/releases.cfm

The Annual Financial Report, Notice of Annual General Meeting 2015 and related Form of Proxy and Form of Direction are being mailed to shareholders today and, in accordance with paragraph 9.6.1 of the FCA Listing Rules, have been submitted to the National Storage Mechanism where they will shortly be available for inspection athttp://www.morningstar.co.uk/uk/NSM

The Company's 2015 Annual General Meeting will be held at The Honourable Artillery Company, Armoury House, City Road, London EC1Y 2BQ at 11.00am on Thursday, 21 May 2015. The Notice of Annual General Meeting is now available on the Company's website athttp://investor.legalandgeneral.com/agm.cfm

Additional Information

A condensed set of the Company's financial statements and information on important events that have occurred during the financial year and their impact on the financial statements, were included in the preliminary results announcement released on 4 March 2015. That information, together with the information set out below, which is extracted from the Annual Report and Accounts 2014, is provided in accordance with the Disclosure and Transparency Rule 6.3.5. This information should be read in conjunction with the Company's preliminary results announcement. This announcement is not a substitute for reading the full Annual Report and Accounts 2014. Page, note and section references below refer to the corresponding pages and/or notes/sections in the Annual Report and Accounts 2014.

Statement of directors' responsibilities
The directors are responsible for preparing the Annual Report and Accounts, including the Directors' Remuneration Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have prepared the group financial statements in accordance with International Financial Reporting Standards (IFRSs) as adopted by the European Union, and the parent company financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the group and the company and of the profit or loss of the company and group for that period. In preparing these financial statements, the directors are required to:

· select suitable accounting policies and then apply them consistently;
· make judgements and accounting estimates that are reasonable and prudent;
· state whether IFRSs as adopted by the European Union and applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the group and parent company financial statements respectively;
· prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group and enable them to ensure that the financial statements and the Directors' Remuneration Report comply with the Companies Act 2006 and, as regards the group financial statements, Article 4 of the IAS Regulation. They are also responsible for safeguarding the assets of the company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

The directors consider that the Annual Report and Accounts, taken as a whole, is fair, balanced and understandable and provides the information necessary for shareholders to assess a company's performance, business model and strategy.

Each of the directors, whose names and functions are listed in the Board of directors section confirm that, to the best of their knowledge:

· the group financial statements, which have been prepared in accordance with IFRSs as adopted by the EU, give a true and fair view of the assets, liabilities, financial position and profit of the group; and

· the strategic report includes a fair review of the development and performance of the business and the position of the group, together with a description of the principal risks and uncertainties that it faces.

In accordance with Section 418 of the Companies Act 2006, each of the directors who held office at the date this report was approved confirms that:

(a) so far as the director is aware, there is no relevant audit information of which the company's auditors are unaware; and

(b) he/she has taken all the steps that he/she ought to have taken as a director in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information.

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