Scope of Report

This report focuses on the environmental performance of our UK based businesses for the period July 1999 - December 2001. For the purpose of this report that will entail Prudential Assurance UK & Europe, M&G our investment management business (including PruPIM our property investment managers) and the Internet bank Egg, in which we retain a majority shareholding.

We are committed to reporting progress on our environmental programme and presenting an honest account of our achievements. In 2002 we aim to build further on progress to our reporting systems made since 1999, supported by internal and external audit review.