08 Dec 2000

Prudential plc ceases talks with The Equitable Life Assurance Society

The Board of Prudential plc announces that it has ceased discussions with The Equitable in connection with the potential acquisition of The Equitable by Prudential plc. After detailed consideration, the Board of Prudential plc has concluded that it is not in the interests of either its shareholders or policyholders to proceed with a transaction.

Enquiries:
Media Relations
Geraldine Davies
Director of Corporate Relations
020 7548 3911

Investor Relations
Rebecca Burrows
Director of Investor Relations
020 7548 3537

Jackson National Life Insurance Company

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Prudential plc is an international company incorporated in the United Kingdom, and its affiliated companies constitute one of the world’s leading financial services groups. It provides insurance and financial services directly and through its subsidiaries and affiliates throughout the world, and it has been in existence for over 170 years. 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, or the Prudential Assurance Company, a subsidiary of M&G plc (a company incorporated in the United Kingdom).

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Prudential plc is an international company incorporated in the United Kingdom, and its affiliated companies constitute one of the world’s leading financial services groups. It provides insurance and financial services directly and through its subsidiaries and affiliates throughout the world, and it has been in existence for over 170 years. 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, or the Prudential Assurance Company, a subsidiary of M&G plc (a company incorporated in the United Kingdom).