Prudential : Grant of share options

Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and the Singapore Exchange Securities Trading Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(Incorporated and registered in England and Wales under the number 01397169)

(Stock code: 2378)

GRANT OF SHARE OPTIONS

This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

The Company announces that on 18 September 2018, options were granted over a total of 326,104 shares (the "Options") to certain eligible employees and agents of the Company, under the Prudential International Savings-Related Share Option Scheme and the Prudential International Savings-Related Share Option Scheme for Non-Employees. A summary is set out below:

Date of grant :	18 September 2018
Exercise price of Options granted :	GBP 13.94 per share
Closing price of a Prudential GBP :	GBP 16.64
0.05 Ordinary Share on the date of
grant
Validity periods of the Options :	Three (3) years, exercisable from 1 December 2021 to 31 May 2022
Five (5) years, exercisable from 1 December 2023 to 31 May 2024

No Options were granted to the directors, chief executive or substantial shareholder of the Company, nor any of their associates (as defined in the Listing Rules).

Name of contact and telephone number for enquiries: Group Secretariat

Jennie Webb Angela Zeng

[phone] [phone]

Note:

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.

By order of the Board

Prudential plc

Alan F. Porter

Group General Counsel and Company Secretary

19 September 2018, London

As at the date of this announcement, the Board of Directors of Prudential plc comprises:

Chairman

Paul Victor Falzon Sant Manduca

Executive Directors

Michael Andrew Wells (Group Chief Executive), Mark Thomas FitzPatrick CA, Stuart James Turner FCA, John William Foley, Nicolaos Andreas Nicandrou ACA and Barry Lee Stowe

Independent Non-executive Directors

Sir Howard John Davies, David John Alexander Law ACA, Kaikhushru Shiavax Nargolwala FCA, Anthony John Liddell Nightingale CMG SBS JP, The Hon. Philip John Remnant CBE FCA,

Alice Davey Schroeder, Jonathan Adair Lord Turner FRS, Thomas Ros Watjen and Jane Fields Wicker-Miurin OBE

* For identification purposes