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Exhibit 4.3    
    

Mr
Mark Tucker

Group Chief Executive

Prudential plc 

6
May 2005 

Dear
Mark 

DIRECTORS' AND OFFICERS' PROTECTION—YOUR BENEFITS  

 This letter is to confirm that you will be entitled to the following benefits relating to directors' and officers' protection against personal liability, to the
extent such benefits are maintained by Prudential plc ("Prudential") or its subsidiaries (within the meaning of the Companies Act 1985) (the
"Group") from time to time: 

	(a)
	Directors'
and officers' liability insurance cover, subject to its terms and conditions;

	(b)
	An
indemnity from Prudential as set out in the attached schedule (and in addition Prudential hereby indemnifies you against certain personal liabilities you may incur, to the extent
provided in the constitutional documents of Prudential and subject to applicable law); and

	(c)
	Eligibility
under the discretionary payments policy adopted by Prudential (subject to regular review), the existence of which directors and certain employees of the Group may rely on,
to protect them from personal liability arising out of the bona fide performance of their duties, 

provided
that any amounts payable to you under such benefits shall not be offset against any compensation payment payable by you which is contemplated under your employment contract. 

This
letter will take effect from the date your acknowledgement is received by us, and will be incorporated in and constitute an agreed amendment of the terms and conditions of your employment with
the Group. It replaces any previous correspondence with you relating to any indemnity granted to you by Prudential as part of the Group's directors' and officers' protection against personal
liability. 

To
acknowledge and agree this letter, please countersign the enclosed duplicate of this letter and return it to Peter Maynard under cover marked private and confidential. 

Yours
sincerely 

/s/
David Clementi 

.........................................................

Sir David Clementi

Chairman

for and on behalf of Prudential plc 

Acknowledged
and Agreed: 

/s/
Mark E Tucker 

......................................................... 

Date
6/5/2005 

SCHEDULE

INDEMNITY  

 In this schedule, the capitalised term the "Executive" means you. 

	1
	Prudential
undertakes to indemnify the Executive and hold the Executive harmless against any and all claims, actions, demands, proceedings, investigations, judgments or awards
("Claims") (in each case, save as set out below, whether or not successful, compromised or settled) which may be instituted, made, threatened or alleged
against or otherwise involve the Executive in any jurisdiction and against all losses, damages, costs, liabilities, demands, charges, penalties, fines or expenses (including reasonable legal fees)
("Losses") in any jurisdiction which the Executive may suffer or incur (including, but not limited to, all such Losses suffered or incurred in
investigating, responding to, preparing for or disputing any Claim or Loss and any costs or expenses of any other party to any Claim which the Executive may become liable to pay) and which in any such
case arise out of the carrying out or performance by the Executive of the Executive's duties as a director, officer or employee of Prudential or of any subsidiary of Prudential (within the meaning
given thereto by the United Kingdom Companies Act 1985) (the "Group") or as a director, officer, trustee, governor, councillor or like position in any
external organisation where such position is held at the request of Prudential or of any subsidiary of Prudential or as a result of being a director, officer of Prudential or of any subsidiary of
Prudential, 

PROVIDED THAT:  

	(A)
	if
the Executive is a director or officer of Prudential, the Executive shall not be entitled to any indemnity under this paragraph 1 to the extent that it would be void by
virtue of section 310 of the Companies Act 1985;

	(B)
	subject
to sub-paragraph (E)(ii) below, the Executive shall not be entitled to any indemnity under this paragraph 1 if the relevant Claim or Loss
arises as a result of, or in connection with, any act or omission by the Executive which is determined by any relevant court, tribunal or other legal or regulatory authority, or otherwise judicially
determined, to constitute fraud, dishonesty, bad faith or wilful default on the part of the Executive;

	(C)
	the
Executive shall not be entitled to be indemnified under this paragraph 1 in respect of any penalty or fine imposed for a criminal offence or by any relevant court, tribunal
or other legal or regulatory authority;

	(D)
	the
Executive shall not be entitled to be indemnified under this paragraph 1 in respect of any loss of earnings (or of any other employment benefit including but not limited to
rights to bonus or other monetary incentives, share options or other share-based incentives or pension or other retirement benefits) which the Executive may suffer by virtue of any Claim as a result
of any period of disqualification imposed by any relevant court, tribunal or other legal or regulatory authority; and

	(E)
	where
the Executive suffers or incurs legal or other out-of-pocket advisory costs in investigating, responding to, preparing for or disputing any Claim the
Executive shall be entitled to be indemnified under paragraph 1 forthwith after the same becomes due and payable by the Executive, provided that if such Claim:

	(i)
	relates
to a criminal offence in relation to which the Executive is ultimately convicted; or

	(ii)
	is
brought against the Executive by a regulatory body in respect of which the relevant tribunal of that authority ultimately determines that any act or omission by the Executive
constitutes fraud, dishonesty, bad faith or wilful default on the part of the Executive for which a penalty or fine is imposed on the Executive by such body, 

Prudential
shall be entitled (a) to refuse any indemnification (or, as the case may be, any further indemnification) to the Executive under this paragraph 1 in relation to such costs (in
whole or in part) and (b) where Prudential has indemnified the Executive under this paragraph 1 in relation to such costs, to be reimbursed by the Executive in respect of all or any
amounts so indemnified. 

	2
	The
provisions of this indemnity shall survive:

	(i)
	the
Executive moving to another role within the Group which does not have the benefit of an indemnity equivalent to the indemnity contained in paragraph 1 above; or

	(ii)
	the
termination of the Executive's appointment under the Executive's contract of employment, excluding:

	(a)
	termination
by the Executive otherwise than in accordance with its terms (but excluding in circumstances entitling the Executive to treat himself/herself as constructively dismissed);
or

	(b)
	termination
by Prudential or any member of the Group in accordance with any right to dismiss the Executive summarily for cause.

	3
	The
Executive shall notify Prudential in writing promptly upon becoming aware of any Claim or Loss for which indemnity may be sought under paragraph 1 above, providing to
Prudential all such information as the Executive has of the circumstances of the relevant matter. The Executive acknowledges that Prudential may provide such information to any other member of the
Group.

	4
	The
Executive shall, subject to paragraph 5, have conduct of the defence and settlement of any Claim notified to Prudential under paragraph 3, but Prudential shall have
the right (but not the obligation) to associate itself with such proceedings. Prudential shall not be required or, without the consent of the Executive (such consent not to be unreasonably withheld or
delayed) permitted, to assume the conduct of the Claim against the Executive.

	5
	The
Executive shall conduct all proceedings diligently and competently using legal representatives mutually acceptable to the Executive and Prudential. The Executive shall keep
Prudential informed of the progress of any Claim and recognises the right of Prudential to provide at its discretion input into the conduct of any such proceedings. The Executive shall not settle or
compromise any Claim without Prudential's consent (such consent not to be unreasonably withheld or delayed). 

Mr Philip Broadley

Group Finance Director

Prudential plc 

10
June 2004 

Dear
Philip 

DIRECTORS' AND OFFICERS' PROTECTION—YOUR BENEFITS  

 This letter is to confirm that you will be entitled to the following benefits relating to directors' and officers' protection against personal liability, to the
extent such benefits are maintained by Prudential plc ("Prudential") or its subsidiaries (within the meaning of the Companies Act 1985) (the
"Group") from time to time: 

	(a)
	Directors'
and officers' liability insurance cover, subject to its terms and conditions;

	(b)
	An
indemnity from Prudential as set out in the attached schedule (and in addition Prudential hereby indemnifies you against certain personal liabilities you may incur, to the extent
provided in the constitutional documents of Prudential and subject to applicable law); and

	(c)
	Eligibility
under the discretionary payments policy adopted by Prudential (subject to regular review), the existence of which directors and certain employees of the Group may rely on,
to protect them from personal liability arising out of the bona fide performance of their duties, 

provided
that any amounts payable to you under such benefits shall not be offset against any compensation payment payable by you which is contemplated under your employment contract. 

This
letter will take effect from the date your acknowledgement is received by us, and will be incorporated in and constitute an agreed amendment of the terms and conditions of your employment with
the Group. It replaces any previous correspondence with you relating to any indemnity granted to you by Prudential as part of the Group's directors' and officers' protection against personal
liability. 

To
acknowledge and agree this letter, please countersign the enclosed duplicate of this letter and return it to Peter Maynard under cover marked private and confidential. 

Yours
sincerely 

/s/
David Clementi 

.........................................................

Sir David Clementi

Chairman

for and on behalf of Prudential plc 

Acknowledged
and Agreed: 

/s/
Philip Broadley 

................................................ 

Date
14 June 2004 

SCHEDULE

INDEMNITY  

 In this schedule, the capitalised term the "Executive" means you. 

	1
	Prudential
undertakes to indemnify the Executive and hold the Executive harmless against any and all claims, actions, demands, proceedings, investigations, judgments or awards
("Claims") (in each case, save as set out below, whether or not successful, compromised or settled) which may be instituted, made, threatened or alleged
against or otherwise involve the Executive in any jurisdiction and against all losses, damages, costs, liabilities, demands, charges, penalties, fines or expenses (including reasonable legal fees)
("Losses") in any jurisdiction which the Executive may suffer or incur (including, but not limited to, all such Losses suffered or incurred in
investigating, responding to, preparing for or disputing any Claim or Loss and any costs or expenses of any other party to any Claim which the Executive may become liable to pay) and which in any such
case arise out of the carrying out or performance by the Executive of the Executive's duties as a director, officer or employee of Prudential or of any subsidiary of Prudential (within the meaning
given thereto by the United Kingdom Companies Act 1985) (the "Group") or as a director, officer, trustee, governor, councillor or like position in any
external organisation where such position is held at the request of Prudential or of any subsidiary of Prudential or as a result of being a director, officer of Prudential or of any subsidiary of
Prudential, 

PROVIDED THAT:  

	(A)
	if
the Executive is a director or officer of Prudential, the Executive shall not be entitled to any indemnity under this paragraph 1 to the extent that it would be void by
virtue of section 310 of the Companies Act 1985;

	(B)
	subject
to sub-paragraph (E)(ii) below, the Executive shall not be entitled to any indemnity under this paragraph 1 if the relevant Claim or Loss
arises as a result of, or in connection with, any act or omission by the Executive which is determined by any relevant court, tribunal or other legal or regulatory authority, or otherwise judicially
determined, to constitute fraud, dishonesty, bad faith or wilful default on the part of the Executive;

	(C)
	the
Executive shall not be entitled to be indemnified under this paragraph 1 in respect of any penalty or fine imposed for a criminal offence or by any relevant court, tribunal
or other legal or regulatory authority;

	(D)
	the
Executive shall not be entitled to be indemnified under this paragraph 1 in respect of any loss of earnings (or of any other employment benefit including but not limited to
rights to bonus or other monetary incentives, share options or other share-based incentives or pension or other retirement benefits) which the Executive may suffer by virtue of any Claim as a result
of any period of disqualification imposed by any relevant court, tribunal or other legal or regulatory authority; and

	(E)
	where
the Executive suffers or incurs legal or other out-of-pocket advisory costs in investigating, responding to, preparing for or disputing any Claim the
Executive shall be entitled to be indemnified under paragraph 1 forthwith after the same becomes due and payable by the Executive, provided that if such Claim:

	(i)
	relates
to a criminal offence in relation to which the Executive is ultimately convicted; or

	(ii)
	is
brought against the Executive by a regulatory body in respect of which the relevant tribunal of that authority ultimately determines that any act or omission by the Executive
constitutes fraud, dishonesty, bad faith or wilful default on the part of the Executive for which a penalty or fine is imposed on the Executive by such body, 

Prudential
shall be entitled (a) to refuse any indemnification (or, as the case may be, any further indemnification) to the Executive under this paragraph 1 in relation to such costs (in
whole or in part) and (b) where Prudential has indemnified the Executive under this paragraph 1 in relation to such costs, to be reimbursed by the Executive in respect of all or any
amounts so indemnified. 

	2
	The
provisions of this indemnity shall survive:

	(i)
	the
Executive moving to another role within the Group which does not have the benefit of an indemnity equivalent to the indemnity contained in paragraph 1 above; or

	(ii)
	the
termination of the Executive's appointment under the Executive's contract of employment, excluding:

	(a)
	termination
by the Executive otherwise than in accordance with its terms (but excluding in circumstances entitling the Executive to treat himself/herself as constructively dismissed);
or

	(b)
	termination
by Prudential or any member of the Group in accordance with any right to dismiss the Executive summarily for cause.

	3
	The
Executive shall notify Prudential in writing promptly upon becoming aware of any Claim or Loss for which indemnity may be sought under paragraph 1 above, providing to
Prudential all such information as the Executive has of the circumstances of the relevant matter. The Executive acknowledges that Prudential may provide such information to any other member of the
Group.

	4
	The
Executive shall, subject to paragraph 5, have conduct of the defence and settlement of any Claim notified to Prudential under paragraph 3, but Prudential shall have
the right (but not the obligation) to associate itself with such proceedings. Prudential shall not be required or, without the consent of the Executive (such consent not to be unreasonably withheld or
delayed) permitted, to assume the conduct of the Claim against the Executive.

	5
	The
Executive shall conduct all proceedings diligently and competently using legal representatives mutually acceptable to the Executive and Prudential. The Executive shall keep
Prudential informed of the progress of any Claim and recognises the right of Prudential to provide at its discretion input into the conduct of any such proceedings. The Executive shall not settle or
compromise any Claim without Prudential's consent (such consent not to be unreasonably withheld or delayed). 

Mr Clark Manning

President & Chief Executive Officer

Jackson National Life 

10
June 2004 

Dear
Clark 

DIRECTORS' AND OFFICERS' PROTECTION—YOUR BENEFITS  

 This letter is to confirm that you will be entitled to the following benefits relating to directors' and officers' protection against personal liability, to the
extent such benefits are maintained by Prudential plc ("Prudential") or its subsidiaries (within the meaning of the Companies Act 1985) (the
"Group") from time to time: 

	(a)
	Directors'
and officers' liability insurance cover, subject to its terms and conditions;

	(b)
	An
indemnity from Prudential as set out in the attached schedule (and in addition Prudential hereby indemnifies you against certain personal liabilities you may incur, to the extent
provided in the constitutional documents of Prudential and subject to applicable law); and

	(c)
	Eligibility
under the discretionary payments policy adopted by Prudential (subject to regular review), the existence of which directors and certain employees of the Group may rely on,
to protect them from personal liability arising out of the bona fide performance of their duties, 

provided
that any amounts payable to you under such benefits shall not be offset against any compensation payment payable by you which is contemplated under your employment contract. 

This
letter will take effect from the date your acknowledgement is received by us, and will be incorporated in and constitute an agreed amendment of the terms and conditions of your employment with
the Group. It replaces any previous correspondence with you relating to any indemnity granted to you by Prudential as part of the Group's directors' and officers' protection against personal
liability. 

To
acknowledge and agree this letter, please countersign the enclosed duplicate of this letter and return it to Peter Maynard under cover marked private and confidential. 

Yours
sincerely 

/s/
David Clementi 

.........................................................

Sir David Clementi

Chairman

for and on behalf of Prudential plc 

Acknowledged
and Agreed: 

/s/
Clark Manning 

......................................................... 

Date
14/6/04 

SCHEDULE

INDEMNITY  

 In this schedule, the capitalised term the "Executive" means you. 

	1
	Prudential
undertakes to indemnify the Executive and hold the Executive harmless against any and all claims, actions, demands, proceedings, investigations, judgments or awards
("Claims") (in each case, save as set out below, whether or not successful, compromised or settled) which may be instituted, made, threatened or alleged
against or otherwise involve the Executive in any jurisdiction and against all losses, damages, costs, liabilities, demands, charges, penalties, fines or expenses (including reasonable legal fees)
("Losses") in any jurisdiction which the Executive may suffer or incur (including, but not limited to, all such Losses suffered or incurred in
investigating, responding to, preparing for or disputing any Claim or Loss and any costs or expenses of any other party to any Claim which the Executive may become liable to pay) and which in any such
case arise out of the carrying out or performance by the Executive of the Executive's duties as a director, officer or employee of Prudential or of any subsidiary of Prudential (within the meaning
given thereto by the United Kingdom Companies Act 1985) (the "Group") or as a director, officer, trustee, governor, councillor or like position in any
external organisation where such position is held at the request of Prudential or of any subsidiary of Prudential or as a result of being a director, officer of Prudential or of any subsidiary of
Prudential, 

PROVIDED THAT:  

	(A)
	if
the Executive is a director or officer of Prudential, the Executive shall not be entitled to any indemnity under this paragraph 1 to the extent that it would be void by
virtue of section 310 of the Companies Act 1985;

	(B)
	subject
to sub-paragraph (E)(ii) below, the Executive shall not be entitled to any indemnity under this paragraph 1 if the relevant Claim or Loss
arises as a result of, or in connection with, any act or omission by the Executive which is determined by any relevant court, tribunal or other legal or regulatory authority, or otherwise judicially
determined, to constitute fraud, dishonesty, bad faith or wilful default on the part of the Executive;

	(C)
	the
Executive shall not be entitled to be indemnified under this paragraph 1 in respect of any penalty or fine imposed for a criminal offence or by any relevant court, tribunal
or other legal or regulatory authority;

	(D)
	the
Executive shall not be entitled to be indemnified under this paragraph 1 in respect of any loss of earnings (or of any other employment benefit including but not limited to
rights to bonus or other monetary incentives, share options or other share-based incentives or pension or other retirement benefits) which the Executive may suffer by virtue of any Claim as a result
of any period of disqualification imposed by any relevant court, tribunal or other legal or regulatory authority; and

	(E)
	where
the Executive suffers or incurs legal or other out-of-pocket advisory costs in investigating, responding to, preparing for or disputing any Claim the
Executive shall be entitled to be indemnified under paragraph 1 forthwith after the same becomes due and payable by the Executive, provided that if such Claim:

	(i)
	relates
to a criminal offence in relation to which the Executive is ultimately convicted; or

	(ii)
	is
brought against the Executive by a regulatory body in respect of which the relevant tribunal of that authority ultimately determines that any act or omission by the Executive
constitutes fraud, dishonesty, bad faith or wilful default on the part of the Executive for which a penalty or fine is imposed on the Executive by such body, 

Prudential
shall be entitled (a) to refuse any indemnification (or, as the case may be, any further indemnification) to the Executive under this paragraph 1 in relation to such costs (in
whole or in part) and (b) where Prudential has indemnified the Executive under this paragraph 1 in relation to such costs, to be reimbursed by the Executive in respect of all or any
amounts so indemnified. 

	2
	The
provisions of this indemnity shall survive:

	(i)
	the
Executive moving to another role within the Group which does not have the benefit of an indemnity equivalent to the indemnity contained in paragraph 1 above; or

	(ii)
	the
termination of the Executive's appointment under the Executive's contract of employment, excluding:

	(a)
	termination
by the Executive otherwise than in accordance with its terms (but excluding in circumstances entitling the Executive to treat himself/herself as constructively dismissed);
or

	(b)
	termination
by Prudential or any member of the Group in accordance with any right to dismiss the Executive summarily for cause.

	3
	The
Executive shall notify Prudential in writing promptly upon becoming aware of any Claim or Loss for which indemnity may be sought under paragraph 1 above, providing to
Prudential all such information as the Executive has of the circumstances of the relevant matter. The Executive acknowledges that Prudential may provide such information to any other member of the
Group.

	4
	The
Executive shall, subject to paragraph 5, have conduct of the defence and settlement of any Claim notified to Prudential under paragraph 3, but Prudential shall have
the right (but not the obligation) to associate itself with such proceedings. Prudential shall not be required or, without the consent of the Executive (such consent not to be unreasonably withheld or
delayed) permitted, to assume the conduct of the Claim against the Executive.

	5
	The
Executive shall conduct all proceedings diligently and competently using legal representatives mutually acceptable to the Executive and Prudential. The Executive shall keep
Prudential informed of the progress of any Claim and recognises the right of Prudential to provide at its discretion input into the conduct of any such proceedings. The Executive shall not settle or
compromise any Claim without Prudential's consent (such consent not to be unreasonably withheld or delayed). 

Mr Michael McLintock

Chief Executive

M&G 

10
June 2004 

Dear
Michael 

DIRECTORS' AND OFFICERS' PROTECTION—YOUR BENEFITS  

 This letter is to confirm that you will be entitled to the following benefits relating to directors' and officers' protection against personal liability, to the
extent such benefits are maintained by Prudential plc ("Prudential") or its subsidiaries (within the meaning of the Companies Act 1985) (the
"Group") from time to time: 

	(a)
	Directors'
and officers' liability insurance cover, subject to its terms and conditions;

	(b)
	An
indemnity from Prudential as set out in the attached schedule (and in addition Prudential hereby indemnifies you against certain personal liabilities you may incur, to the extent
provided in the constitutional documents of Prudential and subject to applicable law); and

	(c)
	Eligibility
under the discretionary payments policy adopted by Prudential (subject to regular review), the existence of which directors and certain employees of the Group may rely on,
to protect them from personal liability arising out of the bona fide performance of their duties, 

provided
that any amounts payable to you under such benefits shall not be offset against any compensation payment payable by you which is contemplated under your employment contract. 

This
letter will take effect from the date your acknowledgement is received by us, and will be incorporated in and constitute an agreed amendment of the terms and conditions of your employment with
the Group. It replaces any previous correspondence with you relating to any indemnity granted to you by Prudential as part of the Group's directors' and officers' protection against personal
liability. 

To
acknowledge and agree this letter, please countersign the enclosed duplicate of this letter and return it to Peter Maynard under cover marked private and confidential. 

Yours
sincerely 

/s/
David Clementi 

.........................................................

Sir David Clementi

Chairman

for and on behalf of Prudential plc 

Acknowledged
and Agreed: 

/s/
Michael McLintock 

.......................................................... 

Date
18.6.04 

SCHEDULE

INDEMNITY  

 In this schedule, the capitalised term the "Executive" means you. 

	1
	Prudential
undertakes to indemnify the Executive and hold the Executive harmless against any and all claims, actions, demands, proceedings, investigations, judgments or awards
("Claims") (in each case, save as set out below, whether or not successful, compromised or settled) which may be instituted, made, threatened or alleged
against or otherwise involve the Executive in any jurisdiction and against all losses, damages, costs, liabilities, demands, charges, penalties, fines or expenses (including reasonable legal fees)
("Losses") in any jurisdiction which the Executive may suffer or incur (including, but not limited to, all such Losses suffered or incurred in
investigating, responding to, preparing for or disputing any Claim or Loss and any costs or expenses of any other party to any Claim which the Executive may become liable to pay) and which in any such
case arise out of the carrying out or performance by the Executive of the Executive's duties as a director, officer or employee of Prudential or of any subsidiary of Prudential (within the meaning
given thereto by the United Kingdom Companies Act 1985) (the "Group") or as a director, officer, trustee, governor, councillor or like position in any
external organisation where such position is held at the request of Prudential or of any subsidiary of Prudential or as a result of being a director, officer of Prudential or of any subsidiary of
Prudential, 

PROVIDED THAT:  

	(A)
	if
the Executive is a director or officer of Prudential, the Executive shall not be entitled to any indemnity under this paragraph 1 to the extent that it would be void by
virtue of section 310 of the Companies Act 1985;

	(B)
	subject
to sub-paragraph (E)(ii) below, the Executive shall not be entitled to any indemnity under this paragraph 1 if the relevant Claim or Loss
arises as a result of, or in connection with, any act or omission by the Executive which is determined by any relevant court, tribunal or other legal or regulatory authority, or otherwise judicially
determined, to constitute fraud, dishonesty, bad faith or wilful default on the part of the Executive;

	(C)
	the
Executive shall not be entitled to be indemnified under this paragraph 1 in respect of any penalty or fine imposed for a criminal offence or by any relevant court, tribunal
or other legal or regulatory authority;

	(D)
	the
Executive shall not be entitled to be indemnified under this paragraph 1 in respect of any loss of earnings (or of any other employment benefit including but not limited to
rights to bonus or other monetary incentives, share options or other share-based incentives or pension or other retirement benefits) which the Executive may suffer by virtue of any Claim as a result
of any period of disqualification imposed by any relevant court, tribunal or other legal or regulatory authority; and

	(E)
	where
the Executive suffers or incurs legal or other out-of-pocket advisory costs in investigating, responding to, preparing for or disputing any Claim the
Executive shall be entitled to be indemnified under paragraph 1 forthwith after the same becomes due and payable by the Executive, provided that if such Claim:

	(i)
	relates
to a criminal offence in relation to which the Executive is ultimately convicted; or

	(ii)
	is
brought against the Executive by a regulatory body in respect of which the relevant tribunal of that authority ultimately determines that any act or omission by the Executive
constitutes fraud, dishonesty, bad faith or wilful default on the part of the Executive for which a penalty or fine is imposed on the Executive by such body, 

Prudential
shall be entitled (a) to refuse any indemnification (or, as the case may be, any further indemnification) to the Executive under this paragraph 1 in relation to such costs (in
whole or in part) and (b) where Prudential has indemnified the Executive under this paragraph 1 in relation to such costs, to be reimbursed by the Executive in respect of all or any
amounts so indemnified. 

	2
	The
provisions of this indemnity shall survive:

	(i)
	the
Executive moving to another role within the Group which does not have the benefit of an indemnity equivalent to the indemnity contained in paragraph 1 above; or

	(ii)
	the
termination of the Executive's appointment under the Executive's contract of employment, excluding:

	(a)
	termination
by the Executive otherwise than in accordance with its terms (but excluding in circumstances entitling the Executive to treat himself/herself as constructively dismissed);
or

	(b)
	termination
by Prudential or any member of the Group in accordance with any right to dismiss the Executive summarily for cause.

	3
	The
Executive shall notify Prudential in writing promptly upon becoming aware of any Claim or Loss for which indemnity may be sought under paragraph 1 above, providing to
Prudential all such information as the Executive has of the circumstances of the relevant matter. The Executive acknowledges that Prudential may provide such information to any other member of the
Group.

	4
	The
Executive shall, subject to paragraph 5, have conduct of the defence and settlement of any Claim notified to Prudential under paragraph 3, but Prudential shall have
the right (but not the obligation) to associate itself with such proceedings. Prudential shall not be required or, without the consent of the Executive (such consent not to be unreasonably withheld or
delayed) permitted, to assume the conduct of the Claim against the Executive.

	5
	The
Executive shall conduct all proceedings diligently and competently using legal representatives mutually acceptable to the Executive and Prudential. The Executive shall keep
Prudential informed of the progress of any Claim and recognises the right of Prudential to provide at its discretion input into the conduct of any such proceedings. The Executive shall not settle or
compromise any Claim without Prudential's consent (such consent not to be unreasonably withheld or delayed). 

Mr Mark Norbom

Chief Executive

Prudential Corporation Asia 

10
June 2004 

Dear
Mark 

DIRECTORS' AND OFFICERS' PROTECTION—YOUR BENEFITS  

 This letter is to confirm that you will be entitled to the following benefits relating to directors' and officers' protection against personal liability, to the
extent such benefits are maintained by Prudential plc ("Prudential") or its subsidiaries (within the meaning of the Companies Act 1985) (the
"Group") from time to time: 

	(a)
	Directors'
and officers' liability insurance cover, subject to its terms and conditions;

	(b)
	An
indemnity from Prudential as set out in the attached schedule (and in addition Prudential hereby indemnifies you against certain personal liabilities you may incur, to the extent
provided in the constitutional documents of Prudential and subject to applicable law); and

	(c)
	Eligibility
under the discretionary payments policy adopted by Prudential (subject to regular review), the existence of which directors and certain employees of the Group may rely on,
to protect them from personal liability arising out of the bona fide performance of their duties, 

provided
that any amounts payable to you under such benefits shall not be offset against any compensation payment payable by you which is contemplated under your employment contract. 

This
letter will take effect from the date your acknowledgement is received by us, and will be incorporated in and constitute an agreed amendment of the terms and conditions of your employment with
the Group. It replaces any previous correspondence with you relating to any indemnity granted to you by Prudential as part of the Group's directors' and officers' protection against personal
liability. 

To
acknowledge and agree this letter, please countersign the enclosed duplicate of this letter and return it to Peter Maynard under cover marked private and confidential. 

Yours
sincerely 

/s/
David Clementi 

.........................................................

Sir David Clementi

Chairman

for and on behalf of Prudential plc 

Acknowledged
and Agreed: 

/s/
M Norbom 

......................................................... 

Date
June 13, 2004 

SCHEDULE

INDEMNITY  

 In this schedule, the capitalised term the "Executive" means you. 

	1
	Prudential
undertakes to indemnify the Executive and hold the Executive harmless against any and all claims, actions, demands, proceedings, investigations, judgments or awards
("Claims") (in each case, save as set out below, whether or not successful, compromised or settled) which may be instituted, made, threatened or alleged
against or otherwise involve the Executive in any jurisdiction and against all losses, damages, costs, liabilities, demands, charges, penalties, fines or expenses (including reasonable legal fees)
("Losses") in any jurisdiction which the Executive may suffer or incur (including, but not limited to, all such Losses suffered or incurred in
investigating, responding to, preparing for or disputing any Claim or Loss and any costs or expenses of any other party to any Claim which the Executive may become liable to pay) and which in any such
case arise out of the carrying out or performance by the Executive of the Executive's duties as a director, officer or employee of Prudential or of any subsidiary of Prudential (within the meaning
given thereto by the United Kingdom Companies Act 1985) (the "Group") or as a director, officer, trustee, governor, councillor or like position in any
external organisation where such position is held at the request of Prudential or of any subsidiary of Prudential or as a result of being a director, officer of Prudential or of any subsidiary of
Prudential, 

PROVIDED THAT:  

	(A)
	if
the Executive is a director or officer of Prudential, the Executive shall not be entitled to any indemnity under this paragraph 1 to the extent that it would be void by
virtue of section 310 of the Companies Act 1985;

	(B)
	subject
to sub-paragraph (E)(ii) below, the Executive shall not be entitled to any indemnity under this paragraph 1 if the relevant Claim or Loss
arises as a result of, or in connection with, any act or omission by the Executive which is determined by any relevant court, tribunal or other legal or regulatory authority, or otherwise judicially
determined, to constitute fraud, dishonesty, bad faith or wilful default on the part of the Executive;

	(C)
	the
Executive shall not be entitled to be indemnified under this paragraph 1 in respect of any penalty or fine imposed for a criminal offence or by any relevant court, tribunal
or other legal or regulatory authority;

	(D)
	the
Executive shall not be entitled to be indemnified under this paragraph 1 in respect of any loss of earnings (or of any other employment benefit including but not limited to
rights to bonus or other monetary incentives, share options or other share-based incentives or pension or other retirement benefits) which the Executive may suffer by virtue of any Claim as a result
of any period of disqualification imposed by any relevant court, tribunal or other legal or regulatory authority; and

	(E)
	where
the Executive suffers or incurs legal or other out-of-pocket advisory costs in investigating, responding to, preparing for or disputing any Claim the
Executive shall be entitled to be indemnified under paragraph 1 forthwith after the same becomes due and payable by the Executive, provided that if such Claim:

	(i)
	relates
to a criminal offence in relation to which the Executive is ultimately convicted; or

	(ii)
	is
brought against the Executive by a regulatory body in respect of which the relevant tribunal of that authority ultimately determines that any act or omission by the Executive
constitutes fraud, dishonesty, bad faith or wilful default on the part of the Executive for which a penalty or fine is imposed on the Executive by such body, 

Prudential
shall be entitled (a) to refuse any indemnification (or, as the case may be, any further indemnification) to the Executive under this paragraph 1 in relation to such costs (in
whole or in part) and (b) where Prudential has indemnified the Executive under this paragraph 1 in relation to such costs, to be reimbursed by the Executive in respect of all or any
amounts so indemnified. 

	2
	The
provisions of this indemnity shall survive:

	(i)
	the
Executive moving to another role within the Group which does not have the benefit of an indemnity equivalent to the indemnity contained in paragraph 1 above; or

	(ii)
	the
termination of the Executive's appointment under the Executive's contract of employment, excluding:

	(a)
	termination
by the Executive otherwise than in accordance with its terms (but excluding in circumstances entitling the Executive to treat himself/herself as constructively dismissed);
or

	(b)
	termination
by Prudential or any member of the Group in accordance with any right to dismiss the Executive summarily for cause.

	3
	The
Executive shall notify Prudential in writing promptly upon becoming aware of any Claim or Loss for which indemnity may be sought under paragraph 1 above, providing to
Prudential all such information as the Executive has of the circumstances of the relevant matter. The Executive acknowledges that Prudential may provide such information to any other member of the
Group.

	4
	The
Executive shall, subject to paragraph 5, have conduct of the defence and settlement of any Claim notified to Prudential under paragraph 3, but Prudential shall have
the right (but not the obligation) to associate itself with such proceedings. Prudential shall not be required or, without the consent of the Executive (such consent not to be unreasonably withheld or
delayed) permitted, to assume the conduct of the Claim against the Executive.

	5
	The
Executive shall conduct all proceedings diligently and competently using legal representatives mutually acceptable to the Executive and Prudential. The Executive shall keep
Prudential informed of the progress of any Claim and recognises the right of Prudential to provide at its discretion input into the conduct of any such proceedings. The Executive shall not settle or
compromise any Claim without Prudential's consent (such consent not to be unreasonably withheld or delayed). 

Mr Mark Wood

Chief Executive, Prudential UK & Europe

10
June 2004 

Dear
Mark 

DIRECTORS' AND OFFICERS' PROTECTION—YOUR BENEFITS  

 This letter is to confirm that you will be entitled to the following benefits relating to directors' and officers' protection against personal liability, to the
extent such benefits are maintained by Prudential plc ("Prudential") or its subsidiaries (within the meaning of the Companies Act 1985) (the
"Group") from time to time: 

	(a)
	Directors'
and officers' liability insurance cover, subject to its terms and conditions;

	(b)
	An
indemnity from Prudential as set out in the attached schedule (and in addition Prudential hereby indemnifies you against certain personal liabilities you may incur, to the extent
provided in the constitutional documents of Prudential and subject to applicable law); and

	(c)
	Eligibility
under the discretionary payments policy adopted by Prudential (subject to regular review), the existence of which directors and certain employees of the Group may rely on,
to protect them from personal liability arising out of the bona fide performance of their duties, 

provided
that any amounts payable to you under such benefits shall not be offset against any compensation payment payable by you which is contemplated under your employment contract. 

This
letter will take effect from the date your acknowledgement is received by us, and will be incorporated in and constitute an agreed amendment of the terms and conditions of your employment with
the Group. It replaces any previous correspondence with you relating to any indemnity granted to you by Prudential as part of the Group's directors' and officers' protection against personal
liability. 

To
acknowledge and agree this letter, please countersign the enclosed duplicate of this letter and return it to Peter Maynard under cover marked private and confidential. 

Yours
sincerely 

/s/
David Clementi 

.........................................................

Sir David Clementi

Chairman

for and on behalf of Prudential plc 

Acknowledged
and Agreed: 

/s/
Mark Wood 

......................................................... 

Date
16/6/04 

SCHEDULE

INDEMNITY  

 In this schedule, the capitalised term the "Executive" means you. 

	1
	Prudential
undertakes to indemnify the Executive and hold the Executive harmless against any and all claims, actions, demands, proceedings, investigations, judgments or awards
("Claims") (in each case, save as set out below, whether or not successful, compromised or settled) which may be instituted, made, threatened or alleged
against or otherwise involve the Executive in any jurisdiction and against all losses, damages, costs, liabilities, demands, charges, penalties, fines or expenses (including reasonable legal fees)
("Losses") in any jurisdiction which the Executive may suffer or incur (including, but not limited to, all such Losses suffered or incurred in
investigating, responding to, preparing for or disputing any Claim or Loss and any costs or expenses of any other party to any Claim which the Executive may become liable to pay) and which in any such
case arise out of the carrying out or performance by the Executive of the Executive's duties as a director, officer or employee of Prudential or of any subsidiary of Prudential (within the meaning
given thereto by the United Kingdom Companies Act 1985) (the "Group") or as a director, officer, trustee, governor, councillor or like position in any
external organisation where such position is held at the request of Prudential or of any subsidiary of Prudential or as a result of being a director, officer of Prudential or of any subsidiary of
Prudential, 

PROVIDED THAT:  

	(A)
	if
the Executive is a director or officer of Prudential, the Executive shall not be entitled to any indemnity under this paragraph 1 to the extent that it would be void by
virtue of section 310 of the Companies Act 1985;

	(B)
	subject
to sub-paragraph (E)(ii) below, the Executive shall not be entitled to any indemnity under this paragraph 1 if the relevant Claim or Loss
arises as a result of, or in connection with, any act or omission by the Executive which is determined by any relevant court, tribunal or other legal or regulatory authority, or otherwise judicially
determined, to constitute fraud, dishonesty, bad faith or wilful default on the part of the Executive;

	(C)
	the
Executive shall not be entitled to be indemnified under this paragraph 1 in respect of any penalty or fine imposed for a criminal offence or by any relevant court, tribunal
or other legal or regulatory authority;

	(D)
	the
Executive shall not be entitled to be indemnified under this paragraph 1 in respect of any loss of earnings (or of any other employment benefit including but not limited to
rights to bonus or other monetary incentives, share options or other share-based incentives or pension or other retirement benefits) which the Executive may suffer by virtue of any Claim as a result
of any period of disqualification imposed by any relevant court, tribunal or other legal or regulatory authority; and

	(E)
	where
the Executive suffers or incurs legal or other out-of-pocket advisory costs in investigating, responding to, preparing for or disputing any Claim the
Executive shall be entitled to be indemnified under paragraph 1 forthwith after the same becomes due and payable by the Executive, provided that if such Claim:

	(i)
	relates
to a criminal offence in relation to which the Executive is ultimately convicted; or

	(ii)
	is
brought against the Executive by a regulatory body in respect of which the relevant tribunal of that authority ultimately determines that any act or omission by the Executive
constitutes fraud, dishonesty, bad faith or wilful default on the part of the Executive for which a penalty or fine is imposed on the Executive by such body, 

Prudential
shall be entitled (a) to refuse any indemnification (or, as the case may be, any further indemnification) to the Executive under this paragraph 1 in relation to such costs (in
whole or in part) and (b) where Prudential has indemnified the Executive under this paragraph 1 in relation to such costs, to be reimbursed by the Executive in respect of all or any
amounts so indemnified. 

	2
	The
provisions of this indemnity shall survive:

	(i)
	the
Executive moving to another role within the Group which does not have the benefit of an indemnity equivalent to the indemnity contained in paragraph 1 above; or

	(ii)
	the
termination of the Executive's appointment under the Executive's contract of employment, excluding:

	(a)
	termination
by the Executive otherwise than in accordance with its terms (but excluding in circumstances entitling the Executive to treat himself/herself as constructively dismissed);
or

	(b)
	termination
by Prudential or any member of the Group in accordance with any right to dismiss the Executive summarily for cause.

	3
	The
Executive shall notify Prudential in writing promptly upon becoming aware of any Claim or Loss for which indemnity may be sought under paragraph 1 above, providing to
Prudential all such information as the Executive has of the circumstances of the relevant matter. The Executive acknowledges that Prudential may provide such information to any other member of the
Group.

	4
	The
Executive shall, subject to paragraph 5, have conduct of the defence and settlement of any Claim notified to Prudential under paragraph 3, but Prudential shall have
the right (but not the obligation) to associate itself with such proceedings. Prudential shall not be required or, without the consent of the Executive (such consent not to be unreasonably withheld or
delayed) permitted, to assume the conduct of the Claim against the Executive.

	5
	The
Executive shall conduct all proceedings diligently and competently using legal representatives mutually acceptable to the Executive and Prudential. The Executive shall keep
Prudential informed of the progress of any Claim and recognises the right of Prudential to provide at its discretion input into the conduct of any such proceedings. The Executive shall not settle or
compromise any Claim without Prudential's consent (such consent not to be unreasonably withheld or delayed). 

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Exhibit 4.3QuickLinks
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Exhibit 4.4    
    

Sir
David Clementi

Deacon House

Atherton Drive

Wimbledon Common

London SW19 5LB 

3
June 2004 

I
am very pleased to confirm that the Remuneration Committee has approved an increase in your annual fees to £450,000 per annum effective 1 July 2004. This means that the Company's
contribution for pension purposes will increase from 1 July 2004 to a total of £9,375 per month. 

/s/
Roberto Mendoza 

Roberto
Mendoza 

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Exhibit 4.4

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