REG-Friends ProvidentPLC: Holding(s) in Company

TR-1: notification 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 the notification (please tick the appropriate box or
boxes)

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 the Deutsche Bank AG
notification obligation:

4. Full name of shareholder(s) (if different Deutsche Bank AG
from 3.):
Abbey Life Assurance Company
Limited

5. Date of the transaction (and date on which 18/01/2008
the threshold is crossed or reached if
different):

6. Date on which issuer notified: 21/01/2008

7. Threshold(s) that is/are crossed or reached: 4%

8. Notified details:

A: Voting rights attached to shares

Class/type of Situation previous Resulting situation after the triggering
shares to the Triggering transaction
transaction
if possible
using the
ISIN CODE

Number of Number of Number of Number of voting % of voting
Shares Voting shares rights rights
Rights
Direct Direct Indirect Direct Indirect

GB0030559776 92,626,715 92,626,715 93,988,474 93,988,474 4.05

B: Financial Instruments

Resulting situation after the triggering transaction

Type of Expiration Exercise/ Number of voting % of voting
financial date Conversion Period/ rights that may be rights
instrument Date acquired if the
instrument is
exercised/
converted.

Total (A+B)

Number of voting rights % of voting rights

93,988,474 4.05

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

Deutsche Bank AG

Abbey Life Assurance Company Ltd

Proxy Voting:

10. Name of the 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: David Lindsay\Andrew Anderson

15. Contact telephone number: +00 44 207 545 8533\8532

Financial Services Authority

END