Statement re. Egg
26 Januar 2004 - 10:43AM
UK Regulatory
RNS Number:6157U
Prudential PLC
26 January 2004
26 January 2004
Prudential plc's 79 per cent shareholding in Egg
On 14 January 2004, Prudential plc ("Prudential") announced that it was in
preliminary discussions regarding a possible transaction with respect to its
approximately 79 per cent shareholding in Egg.
While these discussions have been continuing Prudential has received unsolicited
indications of interest from a number of other parties and, with a view to
delivering value for its shareholders, Prudential has now begun a process that
will give a number of potential purchasers an opportunity to make a proposal.
This may or may not lead to a transaction.
- ENDS -
Enquiries to:
Media
Geraldine Davies +44 20 7548 3911
Steve Colton +44 20 7548 3721
Analysts and Investors
Rebecca Burrows +44 20 7548 3537
Marina Lee-Steere +44 20 7548 3511
Morgan Stanley +44 20 7425 5000
Simon Ellis
Clifford Abrahams
Morgan Stanley is acting for the Prudential Group and for no one else in
connection with the potential transaction and will not be responsible to anyone
other than the Prudential Group for providing the protections afforded to
clients of Morgan Stanley nor for providing advice in relation to the potential
transaction.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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