Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)

1. Identity of the issuer or the underlying        Lancashire Holdings Limited
issuer of existing shares to which voting rights
are attached:(ii)

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights                          Yes

An acquisition or disposal of qualifying financial instruments
which may result in the acquisition of shares already issued to
which voting rights are attached

An acquisition or disposal of instruments with similar economic
effect to qualifying financial instruments

An event changing the breakdown of voting rights
Other (please specify):

 
3. Full name of person(s) subject to the
notification obligation: (iii)              Legal & General Group Plc (L&G)
                                            
4. Full name of shareholder(s) (if        Legal & General Assurance (Pensions
different from 3.): (iv)                       Management) Limited (PMC)

5. Date of the transaction and date on              08 January 2010
which the threshold is crossed or
reached: (v)

6. Date on which issuer notified:                   11 January 2010

7. Threshold(s) that is/are crossed or            L&G (From 6% to 5%)
reached: (vi, vii)

8. Notified details:

A: Voting rights attached to shares (viii, ix)

Class/type of        Situation previous to                      Resulting situation after
shares                   the triggering                               the triggering
                          transaction                                  transaction
 
if possible
using the ISIN
CODE
                     Number        Number of     Number of         Number of             % of voting
                   of Shares        Voting         shares        voting rights            rights (x)
                                    Rights
                                                   Direct    Direct (xi)  Indirect    Direct     Indirect
                                                                            (xii)

Common                     10,671,996            10,217,519   10,217,519               5.98%
USD 0.50               (As on 08/07/2009)
 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction
   Type of financial      Expiration       Exercise/ Conversion      Number of voting       % of voting
      instrument          date (xiii)          Period (xiv)         rights that may be        rights
                                                                      acquired if the
                                                                       instrument is
                                                                        exercised/
                                                                        converted.
 
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
xv, xvi

Resulting situation after the triggering transaction

    Type of       Exercise   Expiration   Exercise/    Number of voting    % of voting rights
   financial        price    date (xvii) Conversion   rights instrument         (xix, xx)
   instrument                              period         refers to
                                           (xviii)
                                                                            Nominal     Delta
 
Total (A+B+C)

     Number of voting rights          Percentage of voting rights

           10,217,519                            5.98%


9. Chain of controlled undertakings through which the voting rights and/or the financial
instruments are effectively held, if applicable: (xxi)

Legal & General Group Plc (Direct and Indirect) (Group) (11,862,794 - 6.95%= Total
Position)
 
Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) 
(11,862,794 - 6.95% = Total Position)
 
Legal & General Investment Management Limited (Indirect) (LGIM) (11,862,794 - 6.95% =
Total Position)
 
Legal & General Group Plc (Direct) (L&G) ( 10,217,519 - 5.98%= LGAS, LGPL & PMC)
 
Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) ( 5,893,477 -
3.45% = PMC)
 
Legal & General Insurance Holdings Limited (Direct) (LGIH)
 
Legal & General Assurance (Pensions Management) Limited (PMC) ( 5,893,477 - 3.45% = PMC)
 
Legal & General Assurance Society Limited (LGAS & LGPL)
 
Legal & General Pensions Limited (Direct) (LGPL)

Proxy Voting:

10. Name of the proxy holder:                              N/A

11. Number of voting rights proxy holder                   N/A
will cease to hold:

12. Date on which proxy holder will cease                  N/A
to hold voting rights:

13. Additional information:        Notification using the total voting rights
                                              figure of 170,663,221

14. Contact name:                              Helen Lewis (LGIM)

15. Contact telephone number:                     020 3124 3851

For notes on how to complete form TR-1 please see the FSA website.