Prudential : Formal Notice - Redemption of USD750m Tier 1 Notes

USD 750,000,000 11.75% TIER 1 NOTES
(ISIN: XS0439094524)

(the "Notes " and the holders thereof, the "Noteholders ")

EARLY REDEMPTION AT THE OPTION OF THE ISSUER

Prudential plc (the "Issuer ") has today given notice to Noteholders that it intends, on the next Interest Payment Date falling on 23 December 2014 (the "Redemption Date ") to redeem all the Notes at their Aggregate Nominal Amount, together with interest accrued to (but excluding) the Redemption Date in accordance with their terms and conditions.

Prudential plc is not affiliated in any manner with Prudential Financial, Inc. a company whose principal place of business is in the United States of America.

Enquiries:

This announcement is not intended to and does not constitute or form part of any offer to sell or invitation to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities in any jurisdiction, nor shall it (or the fact of its distribution) form the basis of, or be relied on in connection with, any contract therefor or be considered a recommendation that any investor should subscribe for or purchase or invest in any securities.

The securities described in this announcement have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended, or under any relevant securities laws of any state of the United States of America and may not be offered, sold or delivered in the United States of America or to, or for the account of or benefit of, U.S. Persons, subject to certain limited exemptions.