Gresham Insurance CompanyCompletion of sale
1 April 2005
On 3 February 2005, Legal & General Group Plc (the Group) announced that it had agreed in principle to sell its 90% stake in Gresham Insurance Company Ltd to Barclays Bank , which already owned the remaining 10% stake.
The transaction has been completed and the exceptional profit arising from the sale will be reflected in the Group's 2005 Interim Results.
Enquiries to:
Investors:
Peter Horsman, Head of Investor Relations
020 7528 6362
Media:
John Morgan, Media Relations Director
020 7528 6213