Legal & General Investments Launches Global Emerging Markets Index Fund

By Legal General, PRNE
Wednesday, February 2, 2011

KINGSWOOD, England, February 3, 2011 - Legal & General Investments today launches the Global Emerging
Markets (www.legalandgeneral.com/investments/global-emerging-markets/)
Index Fund, managed by Robert Dowling.

The fund will aim to track the capital performance of global emerging
equity markets through investment in a representative sample of stocks
selected from all economic sectors and countries within the FTSE All-World
Emerging Index.

Robert Dowling, fund manager of the Global Emerging Markets Index fund,
said: "The fund will invest primarily in securities that make up the
constituents of the Index, with an aim to efficiently track these markets
with minimal tracking error."

The fund is currently one of only two emerging markets trackers domiciled
in the UK and the only one retail investors can access directly.

Simon Ellis, Managing Director of Legal & General Investments,
said: "Many advisers have asked us why there are so few options to invest in
Global Emerging markets through passive funds in the UK. They want to capture
the general growth in these markets, but without the costs and variability in
performance of buying active funds. Legal & General Investments has designed
a fund that aims to give good value access to the emerging market story, and
creates a new tool for advisers to build multi-asset class portfolios.

"We anticipate that many fee-based advisers, including those
who are using index funds more frequently to make themselves 'RDR ready',
will support this fund from launch.

"As one of the biggest index fund providers in the country, we
have the experience and skill to keep the costs and tracking error of the
fund at reasonable levels - the annual management fee is just 0.65 per cent,
and the Total Expense Ratio (TER) is expected to be 0.99 per cent."

IFAs who require more information on the fund should call 0845-070-8684.
Lines are open from 9 am to 5 pm Monday to Friday. We may record
and monitor calls. Call charges will vary.

Notes to Editors:

The information contained in this press release is intended solely for
journalists and should not be relied upon by private investors or any other
persons to make financial decisions.

1) Legal & General Investments offers a range of unit trusts, including
equity, fixed income, index tracking, property, cash and asset allocation
funds for professional advisers and wealth managers. Legal & General are one
of the biggest providers of index-tracking investments in the UK, managing
over GBP218 billion* as at 30 September 2010. *Index funds under management.
Source: Legal & General Investment Management.

2) The FTSE (FTSE All-World Emerging Index) is calculated by FTSE
International Limited ("FTSE"). FTSE does not sponsor, endorse or promote
this product. All copyright in the index values and constituent list belongs
to the FTSE. Legal & General has obtained full licence from FTSE to use such
copyright in the creation of this product. "FTSE(TM)", "FT-SE(R)" and
"Footsie(R)" are trade marks of the London Stock Exchange Plc and The
Financial Times Limited and are used by FTSE International Limited ("FTSE")
under licence. "All-World" is a trade mark of FTSE.

3) The value of investments may fall as well as rise and investors may
not get back the amount originally invested.

4) There is no initial charge for retail investors and the annual
management charge is 0.65% (deducted from income). There is no initial charge
for institutional investors with a minimum GBP100,000 to invest and the
annual management charge is 0.30%.

5) The fund holds assets in currencies that are not Sterling (British
Pounds). If the value of these currencies falls compared to Sterling this may
cause the value of the investment and the level of income to go down.

6) The fund invests in countries where investment markets are not as well
developed as those in the UK. This means that investments are generally
riskier than those in the UK.

7) The Global Emerging Markets Index Fund pays a commission to
advisers of 0.25% trail. No commission is payable for investments made into
the Institutional Unit Class.

The Global Emerging Markets Index Fund is provided by Legal &
General (Unit Trust Managers) Limited www.legalandgeneral.com/.

Registered Office: One Coleman Street, London, EC2R 5AA
Registered in England 1009418.

Media Enquiries: Izabella Siemicka, PR Manager - Investments, +44(0)20-3124-2092, Izabella.Siemicka at lgim.co.uk

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