Morgan Stanley Secs - EPT Disclosure-Amendment

RNS Number:0734S
Morgan Stanley Securities Limited
10 April 2008

AMENDMENT TO ANNOUNCEMENT 9918R RELEASED AT 13:55 ON 09 APRIL 2008

DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS

WITH RECOGNISED INTERMEDIARY STATUS

DEALING IN A CLIENT-SERVING CAPACITY

(Rule 38.5(a) of the Takeover Code)

1. KEY INFORMATION

Name of exempt principal trader Morgan Stanley Securities Limited

Company dealt in Friends Provident Plc

Class of relevant security to which the Ordinary Shares
dealings being disclosed relate (Note 1)

Date of dealing 08 April 2008

2. DEALINGS (Note 2)

(a) Purchases and sales

Total number of securities purchased Highest price paid (Note 3) GBP Lowest price paid (Note 3) GBP

1,215,153 1.3970 1.3540

Total number of securities sold Highest price received (Note 3) GBP Lowest price received (Note 3) GBP

1,676,228 1.3850 1.3536

(b) Derivatives transactions (other than options)

Product name, Long/short (Note 4) Number of securities (Note 5) Price per unit (Note 3) GBP

e.g. CFD
CFD LONG 2,842,789 1.3790
CFD LONG 2,371 1.3790
CFD SHORT 4,460 1.3779
CFD LONG 2,201 1.3533
CFD LONG 5,829 1.3533
CFD LONG 5,103 1.3533
CFD LONG 1,250 1.3533
CFD LONG 9,024 1.3533
CFD LONG 16,000 1.3703
CFD LONG 21,547 1.3736
CFD LONG 9,109 1.3744
CFD LONG 3,382 1.3744
CFD LONG 15,941 1.3744
CFD LONG 40,901 1.3744
CFD LONG 110,188 1.3744
CFD LONG 192,836 1.3744
CFD LONG 41,600 1.3768
CFD LONG 12,000 1.3776
CFD LONG 173,423 1.3788
CFD LONG 42,082 1.7206
CFD SHORT 21,547 1.3739
CFD SHORT 70,926 1.3749
CFD SHORT 80,163 1.3749
CFD SHORT 30,025 1.3749
CFD SHORT 2,482 1.3749
CFD SHORT 5,864 1.3749
CFD SHORT 6,627 1.3749
CFD SHORT 23,475 1.3750
CFD SHORT 12,000 1.3772
CFD SHORT 42,082 1.7211 EUR

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Product name, Writing, selling, Number of securities Exercise Type, e.g. Expiry Option money
purchasing, to which the option American,
e.g. call option varying etc. relates (Note 5) price European etc. date paid/received per
unit (Note 3)

N/A N/A N/A N/A N/A N/A N/A

(ii) Exercising

Product name, e.g. call option Number of securities Exercise price per unit (Note 3)

N/A N/A N/A

3. OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating
to the voting rights of any relevant securities under any option referred to on this form or relating to the voting
rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is
referenced. If none, this should be stated.

NONE

Date of disclosure 10 April 2008

Contact name Zafrhan Fahmy

Telephone number 020 7677 1871

Name of offeree/offeror with which connected J.C. Flowers & Co LLC
Nature of connection (Note 6) Advisor

Notes

The Notes on Form 38.5(a) can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk

This information is provided by RNS
The company news service from the London Stock Exchange
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