Dividend conversion rates achieved

17 September 2020

2020 FIRST INTERIM DIVIDEND

On 11 August 2020, Prudential plc ("Prudential") announced a 2020 first interim dividend of 5.37 US cents per ordinary share.

Shareholders holding shares on the UK and Hong Kong registers were able to elect to receive their dividend payment in US dollars by the dates set out in the 11 August 2020 announcement.

UK register

Shareholders holding shares on the UK register who have not elected to receive their dividend payment in US dollars will continue to receive the dividend payment in pounds sterling and their dividend will be converted from US dollars to pounds sterling at the rate of one US dollar to 0.7757 pounds sterling.

Accordingly, the amount of sterling payable in cash on 28 September 2020 will be: 4.17 pence per ordinary share.

Hong Kong register

Shareholders holding shares on the Hong Kong register who have not elected to receive their dividend payment in US dollars will continue to receive the dividend payment in Hong Kong dollars and their dividend will be converted from US dollars to Hong Kong dollars at the rate of one US dollar to 7.7501 Hong Kong dollars.

Accordingly, the amount of Hong Kong dollars payable in cash on 28 September 2020 will be: 0.4162 Hong Kong dollar per ordinary share.

The US dollar to pound sterling and Hong Kong dollar conversion rates set out above were determined by the actual rates achieved by Prudential buying those currencies during the two working days preceding the date of this announcement.

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About Prudential plc

Prudential plc is an Asia-led portfolio of businesses focused on structural growth markets. The business helps people get the most out of life through life and health insurance, and retirement and asset management solutions. Prudential plc has 20 million customers and is listed on stock exchanges in London, Hong Kong, Singapore and New York. 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, nor with The Prudential Assurance Company Limited, a subsidiary of M&G plc, a company incorporated in the United Kingdom.