SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 6-K

                        REPORT OF FOREIGN PRIVATE ISSUER

                      Pursuant to Rule 13a-16 or 15d-16 of
                      the Securities Exchange Act of 1934

                          For the month of May, 2006

                       PRUDENTIAL PUBLIC LIMITED COMPANY

                (Translation of registrant's name into English)

                            LAURENCE POUNTNEY HILL,
                           LONDON, EC4R 0HH, ENGLAND
                    (Address of principal executive offices)


Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.

                          Form 20-F X     Form 40-F


Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

                                 Yes      No X

If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b): 82-



Enclosures: 'AGM Statement' dated 18 May 2006


FOR IMMEDIATE RELEASE: 11am Thursday 18 May 2006


PRUDENTIAL PLC - ANNUAL GENERAL MEETING


At this  morning's AGM,  Prudential plc Chairman Sir David Clementi  highlighted
the  strong  performance  of the  Group  and  confirmed  his  confidence  in its
profitable growth prospects.


Sir David  explained  that the strategic  review by Group Chief  Executive  Mark
Tucker had brought greater  clarity and focus to Prudential's  longer term plans
and capital  management  programme,  enabling it to map out the steps  needed to
drive further growth and deliver long-term value for shareholders.


Speaking to shareholders  at the Mermaid Centre in London,  Sir David said: "The
figures for 2005 represent a very strong set of results by the Group."


Sir  David  added:   "We  believe  we  are  well   placed,   with  the  business
opportunities,  the  management  depth and the  capital  strength to continue to
expand  profitably our operations  around the globe,  and we are confident about
our ability to generate further growth in the value of your company."


Group  Chief  Executive  Mark  Tucker  added that he would  continue  to embed a
performance culture within the Group that will support its focus on the delivery
of plans for profitable growth.


"The Group has an  unrivalled  exposure to the high  growth,  high return  Asian
markets.  We have a powerful and growing  presence  across the region,  with top
five  market  positions  in eight out of 12 life  insurance  markets in which we
operate, 170,000 agents and over 40 banking relationships.


"We will continue to develop our distribution capability to meet our challenging
growth  targets.  As we have said  before,  the  region as a whole  will be cash
positive in 2006 while continuing its strong growth.


"We are  exceptionally  well  placed  in the US  market.  The US  business  will
maintain  its clear focus on the pre and post  retirement  markets  where it has
developed  an  excellent  position.  We will also look to develop  the  business
through bolt-on acquisitions where they meet our required returns.


"In the UK in  2005,  we  grew  new  business  by 10 per  cent,  but  even  more
importantly  retained  good margins,  reaching our 2007 target  internal rate of
return of 14 per cent two years  early in spite of  intensified  competition  in
some  segments of the market.  We will compete where we feel that we can achieve
our  targeted  returns  and in areas  where we have or can  develop  competitive
advantage.


"We will also  benefit  from  bringing  Egg back fully  into the  Group.  Retail
banking  profits  were down  although we did make good  progress on net interest
margin and costs.  Conditions in the unsecured lending market remained difficult
in the first quarter of 2006.


"Performance  in asset  management  was very  strong in 2005,  with net  inflows
increasing  significantly in the UK through M&G and in Asia,  particularly  from
Japan and Korea. The quality and diversity of these businesses is clear when you
consider that they have doubled profits between 2001 and 2005."


Mr Tucker concluded:  "Prudential is a high growth,  high return business and we
have got strong  momentum  behind us. We've got the capital and cash to fund our
growth plans and I see significant scope for increasing value for shareholders."


- -ENDS-


Enquiries:




Media                                                    Investors / analysts

                                                                                       

Jon Bunn                         020 7548 3559           James Matthews               020 7548 3561
William Baldwin-Charles          020 7548 3719           Marina Novis                 020 7548 3511
Joanne Doyle                     020 7548 3708




Notes to Editor:


A full  transcript  of  Sir  David  Clementi  and  Mark  Tucker's  speeches  and
presentation  to  shareholders  can be found on the  Prudential  plc  website at
www.prudential.co.uk


About Prudential


Prudential plc is a leading  international  financial services group,  providing
retail financial services and fund management in its chosen markets:  the United
Kingdom, the United States, Asia and continental Europe.


Prudential  has been writing life  insurance in the United  Kingdom for over 150
years and has had the largest  long-term  fund in the United  Kingdom for over a
century.  Today,  Prudential  has over 16 million  customers  worldwide and over
GBP234 billion (as of 31 December 2005) of funds under management.


In the  United  Kingdom  Prudential  is a  leading  life and  pensions  provider
offering a range of retail financial products. M&G is Prudential's UK & European
Fund Manager,  with around GBP149  billion of funds under  management  (as of 31
December  05).  Jackson  National  Life,  acquired by  Prudential  in 1986, is a
leading  provider of  long-term  savings and  retirement  products to retail and
institutional  customers  throughout  the United States.  Egg provides  banking,
insurance and investment products through its internet site www.egg.com.


Prudential is the leading European-based life insurer in Asia with operations in
12 markets as well as funds management businesses in 9 of those 12 markets.


*Prudential plc, a company incorporated and with its principal place of business
in the  United  Kingdom,  and its  affiliated  companies  constitute  one of the
world's leading financial  services groups. It provides  insurance and financial
services  directly and through its  subsidiaries  and affiliates  throughout the
world.  It has been in  existence  for over 150 years and has GBP234  billion in
assets  under  management,  (as  at 31  December  2005).  Prudential  plc is not
affiliated  in any  manner  with  Prudential  Financial,  Inc,  a company  whose
principal place of business is in the United States of America.


Forward-Looking Statements

This statement may contain certain "forward-looking  statements" with respect to
certain of Prudential's plans and its current goals and expectations relating to
its future financial condition,  performance,  results, strategy and objectives.
Statements  containing the words "believes",  "intends",  "expects",  "plans", "
seeks" and "anticipates", and words of similar meaning, are forward-looking.  By
their  nature,  all  forward-looking  statements  involve  risk and  uncertainty
because  they  relate to  future  events  and  circumstances  which  are  beyond
Prudential's  control  including  among other  things,  UK  domestic  and global
economic and business  conditions,  market related risks such as fluctuations in
interest rates and exchange  rates,  and the  performance  of financial  markets
generally;  the policies and actions of  regulatory  authorities,  the impact of
competition,  inflation, and deflation;  experience in particular with regard to
mortality  and  morbidity  trends,  lapse rates and policy  renewal  rates;  the
timing,  impact and other  uncertainties of future  acquisitions or combinations
within relevant  industries;  and the impact of changes in capital,  solvency or
accounting  standards,  and tax and other  legislation  and  regulations  in the
jurisdictions  in which  Prudential  and its  affiliates  operate.  This may for
example  result in  changes  to  assumptions  used for  determining  results  of
operations  or  re-estimations  of reserves  for future  policy  benefits.  As a
result, Prudential's actual future financial condition,  performance and results
may differ  materially  from the plans,  goals,  and  expectations  set forth in
Prudential's forward-looking statements.  Prudential undertakes no obligation to
update the forward-looking  statements  contained in this statement or any other
forward-looking statements it may make


                                   SIGNATURES


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, thereunto duly authorized.

Date   18 May 2006

                                     PRUDENTIAL PUBLIC LIMITED COMPANY

                                     By: /s/  Jon Bunn
                                              Director of Public Relations