Holding(s) in Company

TR-1:  Notification of Major Interests in Shares                              
                                                                               
                                                                               
                                                                               
1. Identity of the issuer or the underlying issuer of existing Lancashire      
shares to which voting rights are attached:                    Holdings Limited
                                                                               
2. Reason for the notification  (yes/no)                                       
                                                                               
An acquisition or disposal of voting rights                              Yes   
                                                                               
An acquisition or disposal of financial instruments which may result in  No    
the acquisition of shares already issued to which voting rights are            
attached                                                                       
                                                                               
An event changing the breakdown of voting rights                         No    
                                                                               
Other (please specify): ______________                                   No    
                                                                               
3. Full name of person(s) subject to notification obligation:  Wellington      
                                                               Management      
                                                               Company, LLP    
                                                                               
4. Full name of shareholder(s)  (if different from 3):         BBH ISL Nominees
                                                               Ltd.            
                                                                               
                                                               Goldman Sachs   
                                                               International   
                                                                               
                                                               JP Morgan Chase 
                                                               Nominees Limited
                                                                               
                                                               Mellon Nominees 
                                                               (UK) Ltd.       
                                                                               
                                                               Nortrust        
                                                               Nominees Limited
                                                                               
                                                               ROY Nominees    
                                                               Limited         
                                                                               
                                                               State Street    
                                                               Nominees Limited
                                                                               
                                                               Vidacos Nominees
                                                               Limited         
                                                                               
5. Date of transaction  (and date on which the threshold is    16 November 2009
crossed or reached if different):                                              
                                                                               
6. Date on which issuer notified:                              17 November 2009
                                                                               
7. Threshold(s) that is/are crossed or reached:                5%              
                                                                               

8. Notified Details                                                                          
                                                                                             
A: Voting rights attached to shares                                                          
                                                                                             
Class/type of Situation previous  Resulting situation after the triggering                   
shares        to the triggering   transaction                                                
              transaction                                                                    
If possible                                                                                  
use ISIN CODE Number of Number of Number of  Number of voting     Percentage of              
              Shares    voting    shares     rights               voting rights              
                        rights                                                               
                                             Direct Indirect      Direct Indirect            
                                                                                             
BMG5361W10477 9,382,650 9,382,650 8,465,693         8,465,693            4.90%               
Common Shares                                                                                
                                                                                             
                                                                                             
                                                                                             
                                                                                             
                                                                                             
B: Qualifying Financial Instruments                                                          
                                                                                             
Resulting situation after the triggering transaction                                         
                                                                                             
Type of        Expiration  Exercise/          No. of voting     Percentage of                
financial      date        conversion period  rights that       voting rights                
instrument                                    may be                                         
                                              acquired (if                                   
                                              the instrument                                 
                                              is exercised/                                  
                                              converted)                                     
                                                                                             
                                                                                             
                                                                                             
                                                                                             
                                                                                             
C: Financial Instruments with similar economic effect to Qualifying Financial                
Instruments                                                                                  
                                                                                             
Resulting situation after the triggering transaction                                         
                                                                                             
Type of       Exercise Expiration date Exercise/  No. of  Percentage of voting                 
financial     Price                  conversion voting  rights                               
instrument                           period     rights                                       
                                                instrument                                      
                                                refers                                       
                                                to      Nominal           Delta              
                                                                                             
                                                                                             
                                                                                             
                                                                                             
                                                                                             
                                                                                             
Total (A+B+C)                                                                                
                                                                                             
Number of voting rights                  Percentage of voting rights                         
                                                                                             
8,465,693                                4.90%                                               
                                                                                             

9. Chain of controlled undertakings through which the voting rights and/or the 
financial instruments are effectively held, if applicable:                     
                                                                               
BBH ISL Nominees Ltd. - 4,846 shares                                           
                                                                               
Goldman Sachs International - 859,877 shares                                   
                                                                               
JP Morgan Chase Nominees Limited - 373,596 shares                              
                                                                               
Mellon Nominees (UK) Ltd. - 631,098 shares                                     
                                                                               
Nortrust Nominees Limited - 1,108,989 shares                                   
                                                                               
ROY Nominees Limited - 3,159,772 shares                                        
                                                                               
State Street Nominees Limited - 2,321,819 shares                               
                                                                               
Vidacos Nominees Limited - 5,696 shares                                        
                                                                               
                                                                               
                                                                               
                                                                               
                                                                               
Proxy Voting:                                                                  
                                                                               
10. Name of the                                                                
proxy holder:                                                                  
                                                                               
11. Number of                                                                  
voting rights                                                                  
proxy holder will                                                              
cease to hold:                                                                 
                                                                               
12. Date on which                                                              
proxy holder will                                                              
cease to hold                                                                  
voting rights:                                                                 
                                                                               
                                                                               
                                                                               
13. Additional     It was advised on 10 September 2010 that this notification  
information:        was originally sent electronically by the shareholder to   
                   the Company on 17 November 2009. At that time the total     
                   number of common shares in issue with voting rights         
                   (excluding shares held in Treasury) was 173,069,895.  It    
                   has been confirmed that as of 13 September 2010 the         
                   shareholder no longer holds a notifiable interest in the    
                   Company.                                                    
                                                                               
14. Contact name:  Robert J. Toner                                             
                                                                               
15. Contact        [phone]                                              
telephone number: