(PRU.L) Prudential PLC Buy/Sell

RNS Number : 8494B Development Securities PLC 03 November 2009

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying Development
issuer of existing shares to which voting rights Securities PLC

are attached:

2 Reason for the notification (please tick the appropriate box or boxes):
X

An acquisition or disposal of voting rights An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments An event changing the breakdown of voting rights Other (please specify):

3. Full name of person(s) subject to the Prudential plc group of companies

notification obligation:

4. Full name of shareholder(s) (if See attached schedule

different from 3.):

5. Date of the transaction and date on 29 October 2009

which the threshold is crossed or reached:

6. Date on which issuer notified: 02 November 2009
7. Threshold(s) that is/are crossed or See item 13

reached:

8. Notified details: A: Voting rights attached to shares

Class/type of Situation previous Resulting situation after the triggering transaction
shares to the triggering
transaction

if possible using the ISIN CODE
Number Number Number Number of voting % of voting
of of of shares rights rights
Shares Voting
Rights
Direct Direct Indirect Direct Indirect
ORD GBP0.50 7,252,242 7,252,242 7,196,318 7,196,318
8.74%

B: Qualifying Financial Instruments Resulting situation after the triggering transaction

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

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction

Type of financial Exercise Expiration Exercise/ Number of voting % of voting rights
instrument price date Conversion rights instrument
period refers to
Nominal Delta

Total (A+B+C)

Number of voting rights Percentage of voting rights
7,196,318 8.74%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Prudential plc (parent Company)M&G Group Limited (wholly owned subsidiary of Prudential plc) M&G Limited (wholly owned subsidiary of M&G Group Limited)M&G Investment Management Limited (wholly owned subsidiary of M&G Limited)M&G Securities Limited (wholly owned subsidiary of M&G Limited)

Proxy Voting:

10. Name of the proxy holder: N/A
11. Number of voting rights proxy holder will cease to hold: N/A

12. Date on which proxy holder will cease to hold voting rights: N/A

13. Additional information: As per 5.1.2, the non-exempt holdings of
Prudential plc have fallen below 3% triggering
this notification.
14. Contact name: Dipesh Varsani / Mark Thomas
M&G Investment Management Limited

15. Contact telephone number: 020 7548 3261 / 020 7548 3266

NOTIFIABLE POSITION REPORT FOR DEVELOPMENT SECS ORD GBP0.50

PERCENTAGE HOLDINGS ARE CALCULATED USING AN ISSUED SHARE CAPITAL OF 82,256,474 ORD GBP0.50 SHARES
REGISTERED HOLDER HOLDING %
PRUDENTIAL PLC 7,196,318 8.74 TOTAL NOTIFIABLE

ORD GBP0.50 0266846 7,196,318
NORTRUST NOMINEE LTD A/C MHF01 14,748
NORTRUST NOMINEE LTD A/C MKK01 4,757,039
PRUCLT HSBC GIS NOM(UK) PAC AC 1,220,270
PRUCLT HSBC GIS NOM(UK) PPL AC 1,204,261

HOLDING %
M & G GROUP LIMITED 7,196,318 8.74

ORD GBP0.50 0266846 7,196,318
NORTRUST NOMINEE LTD A/C MHF01 14,748
NORTRUST NOMINEE LTD A/C MKK01 4,757,039
PRUCLT HSBC GIS NOM(UK) PAC AC 1,220,270
PRUCLT HSBC GIS NOM(UK) PPL AC 1,204,261

HOLDING %
M&G INVESTMENT MANAGEMENT LIMITED 7,181,570 8.73

ORD GBP0.50 0266846 7,181,570
NORTRUST NOMINEE LTD A/C MKK01 4,757,039
PRUCLT HSBC GIS NOM(UK) PAC AC 1,220,270
PRUCLT HSBC GIS NOM(UK) PPL AC 1,204,261

HOLDING %
M&G LIMITED 7,196,318 8.74

ORD GBP0.50 0266846 7,196,318
NORTRUST NOMINEE LTD A/C MHF01 14,748
NORTRUST NOMINEE LTD A/C MKK01 4,757,039
PRUCLT HSBC GIS NOM(UK) PAC AC 1,220,270
PRUCLT HSBC GIS NOM(UK) PPL AC 1,204,261

HOLDING %
M&G SECURITIES LIMITED 4,771,787 5.80

ORD GBP0.50 0266846 4,771,787
NORTRUST NOMINEE LTD A/C MHF01 14,748
NORTRUST NOMINEE LTD A/C MKK01 4,757,039

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

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