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)

OVERSEAS REGULATORY ANNOUNCEMENT

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY

PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

AND PERSONS CLOSELY ASSOCIATED WITH THEM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Alice Schroeder

2

Reason for the notification

a)

Position/status

Non-Executive Director (PDMR)

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or

auction monitor

a)

Name

Prudential plc

b)

LEI

5493001Z3ZE83NGK8Y12

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each

type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial

American Depositary Receipt ("ADR")

instrument, type of instrument

Identification code

74435K204

b)

Nature of the transaction

Acquisition of ADRs.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

USD 24.71

2,750

d)

Aggregated information

- Aggregated volume

2,750

- Price

USD 24.71

e)

Date of the transaction

2020-10-29

f)

Place of the transaction

New York Stock Exchange

- 1 -

Additional information

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.

Contact

Chris Worlock, Company Secretarial Assistant, 07989 218196

Sylvia Edwards, Deputy Group Secretary, +44 (0)20 3977 9214

30 October 2020, 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 and Stuart James Turner FCA FCSI FRM

Independent Non-executive Directors

Jeremy David Bruce Anderson CBE, 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, Shriti Vinodkant Vadera, Thomas Ros Watjen, Jane Fields Wicker-MiurinOBE and Yok Tak Amy Yip

* For identification purposes

- 2 -

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Prudential plc published this content on 30 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 November 2020 20:09:01 UTC