Notice - Redemption of £400m 11.375% Tier 2 Notes

£400,000,000 Callable Dated Tier 2 Notes due May 2039
(ISIN: XS0431150902)

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

Prudential plc (the "Issuer") intends to redeem the Notes on 29 May, 2019.  The Prudential Regulation Authority (in its capacity as successor regulatory body to the Financial Services Authority) has approved this redemption and the Issuer intends to give formal notice to the Noteholders in accordance with the terms of the relevant documentation.

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 to:

Prudential plc's LEI is 5493001Z3ZE83NGK8Y12.

DISCLAIMER

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 therefore 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.