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09 May 2007
Provident Financial plc (“Provident”) today announces that it has agreed the sale of Provident Insurance, its non-core motor insurance business, to Car Care Plan (Holdings) Limited (a subsidiary of GMAC Insurance Holdings Inc.) for a consideration of approximately £170m, payable in cash. This follows the announcement on 17 January 2007 that Provident was entering discussions for the possible sale of Provident Insurance. The transaction is expected to complete in June 2007, once the necessary regulatory approvals for change of control have been obtained...

provident plc
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<FONT COLOR=RED>Vanquis credit card is owned by provident Financial.Typical 39.9% APR variable Say No! </FONT>

Are you having problems with Yes Car Credit or a debt collection agency?
Make your complaint direct to the Office Of Fair Trading and BBC1 Watchdog below:
.

James.MacDougall@oft.gsi.gov.uk or telephone 08457 22 44 99
watchdog@bbc.co.uk or telephone - 020 8535 1000
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Sale Of Provident Insurance To Gmac · Provident Financial News @ Information