SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of October, 2004
PRUDENTIAL PUBLIC LIMITED COMPANY
(Translation of registrant's name into English)
LAURENCE POUNTNEY HILL,
LONDON, EC4R 0HH, ENGLAND
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.
Form 20-F X Form 40-F
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes No X
If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b): 82-
Enclosures: JNL completes sale of JFB
Embargo: 14:00 hrs Thursday 28 October 2004
Jackson National Life Completes Sale of Jackson Federal Bank
Jackson National Life Insurance Company ("JNL") confirms that the disposal of
its subsidiary, Jackson Federal Bank, to Union Bank of California, N.A. ("UBOC")
announced on 2 July 2004 completed today. JNL has also completed the sale of
shares in UnionBanCal Corporation*, the parent company of UBOC, which it
received as part of the consideration.
-ENDS-
Enquiries to:
Media Investors/ Analysts
Prudential plc
Clare Staley 020 7548 3719 Marina Lee-Steere 020 7548 3511/
07967 497474
Joanne Davidson 020 7548 3708 Andrew Crossley 020 7548 3166
Jackson National Life
Tim Padot +1 517 702 2425
Jackson National Life Insurance Company is a wholly-owned indirect subsidiary of
Prudential plc, a company incorporated and with its principal place of business
in the United Kingdom. Prudential plc 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. It has been in existence for over 150 years and has GBP170
billion in assets under management, as at 30 June 2004. 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.
*This press release shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of these shares in UnionBanCal
Corporation in any jurisdiction in which such offer, solicitation or sale would
be unlawful prior to registration or qualification under the securities laws of
any such jurisdiction. A registration statement relating to these securities has
been filed with and has been declared effective by the Securities and Exchange
Commission.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Date 28 October, 2004
PRUDENTIAL PUBLIC LIMITED COMPANY
By: /s/ Clare Staley,
Clare Staley,
Head of Group Media Relations