Holding(s) in Company

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

1. Identity of the issuer or the underlying       Lancashire Holdings Ltd      
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      Legal & General Group Plc (L&G)     
the notification obligation: (iii)                                             
 
                                                                              
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              19 June 2009               
on which the threshold is crossed or                                           
reached: (v)                                                                   

                                                                               
6. Date on which issuer notified:                22 June 2009               

                                                                               
7. Threshold(s) that is/are crossed              From 4% - 5% (L&G)            
or reached: (vi, vii)                                                          


8. Notified details:
A: Voting rights attached to shares (viii, ix)

Class/type of    Situation previous           Resulting situation after           
shares           to the triggering                the triggering                
                     transaction                     transaction                  
                                                                               
if possible      Number     Number       Number       Number of      % of voting   
using the          of         of        of shares      voting        rights (x)    
ISIN CODE        Shares     Voting                     rights                        
                            Rights                                                 
                                        Direct     Direct    Indirect  Direct  Indirect
                                                    (xi)      (xii)                    
                                                                                
ORD             8,076,496  8,076,496   9,841,996  9,841,996            5.68           
USD 0.50                                                                        
                                                                                

B: Qualifying Financial Instruments                                             

Resulting situation after the triggering transaction                            
                                                                                
Type of financial Expiration     Exercise/       Number of voting   % of voting 
   instrument        date    Conversion Period  rights that may be    rights    
                    (xiii)         (xiv)         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   
  financial     price      date    Conversion rights instrument rights (xix, xx)
  instrument              (xvii)     period       refers to                     
                                    (xviii)                                     
                                                                Nominal   Delta 
                                                                                


Total (A+B+C)                                                                  
                                                                               
        Number of voting rights               Percentage of voting rights      
                                                                               
               9,841,996                                 5.68                  


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) (13,149,571 - 7.59% =  
Total Position)                                                                
                                                                               
Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and   
Indirect) (13,149,571 - 7.59% = Total Position)                                
                                                                               
Legal & General Investment Management Limited (Indirect) (LGIM) (13,149,571 -  
7.59% = Total Position)                                                        
                                                                               
Legal & General Group Plc (Direct) (L&G) (9,841,996 - 5.68% = LGAS, LGPL & PMC)
                                                                               
Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD)     
(5,424,225 - 3.13% = PMC)                                                      
                                                                               
Legal & General Insurance Holdings Limited (Direct) (LGIH)                     
                                                                               
Legal & General Assurance (Pensions Management) Limited (PMC) (5,424,225 -     
3.13% = 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                         N/A                  
holder will cease to hold:                                                     
                                                                               

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


13. Additional information:               Notification using the total voting  
                                             rights figure of 173,069,895      
                                                                               

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.