9 Feb 2009 09:54
TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
M&G Recovery Investment Company Limited
2. Reason for the notification State Yes/No An acquisition or disposal of voting rights Yes An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An event changing the breakdown of voting rights Other (please specify):
3. Full name of person(s) subject to the notification Prudential plc group of obligation (iii):
companies
4. Full name of shareholder(s) (if different from 3.) See attached schedule (iv):
5. Date of the transaction (and date on which the 05 February 2009 threshold is crossed
or reached if different) (v): 6. Date on which issuer notified: 06 February 2009 7. Threshold(s) that is/are crossed or reached: 79% to 81% 8. Notified details:
A: Voting rights attached to shares
Class/type Situation previous to Resulting situation after the triggering
of shares the Triggering transaction (vii) if possible transaction (vi) using the ISIN CODE Number Number Number Number of voting % of voting of of of rights (ix) rights Shares Voting shares Rights (viii) Direct Direct Indirect Direct Indirect (x) (xi)
GB0031194086 94,108,707 94,108,707 97,200,216 97,200,216 81.94%
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
Type of Expiration Exercise/ Number of voting % of voting financial date (xiii) Conversion rights that may be rights instrument Period/ Date acquired if the (xiv) instrument is exercised/converted N/A N/A N/A N/A N/A Total (A+B) Number of voting rights % of voting rights 97,200,216 81.94%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
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)
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 N/A rights: 13. Additional information: 14. Contact name: Dipesh Varsani M&G Investment Management Limited 15. Contact telephone number: 020 7548 3261
Notifiable Position Report for M&G RECOVERY IT CO PACKAGE UNIT (2 ORD & 1`0' DIV PRE) as @ 5 February 2009
Percentage holdings are calculated using an issued share capital of 118,615,657 PACKAGE UNIT (2 ORD & 1`0' DIV PRE) shares.
Registered Holder Holding %
Prudential PLC NORTRUST NOMS LTD A/C 97,200,216 81.94 Total
MVC01 Notifiable Interest M&G Group NORTRUST NOMS LTD A/C 97,200,216 81.94 Limited MVC01 M&G Investment NORTRUST NOMS LTD A/C 97,200,216 81.94 Management MVC01 Limited M&G Limited NORTRUST NOMS LTD A/C 97,200,216 81.94 MVC01
C: Additional information
Kleinwort Benson (Channel Islands) Fund Services Limited Secretary
01481 727111
M & G RECOVERY INVESTMENT COMPANY LIMITED