Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                          
                                                                                        
                                                                                        
                                                                                        
1. Identity of the issuer or the underlying issuer       Lancashire Holdings Limited      
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                                    X        
                                                                                        
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             HSBC Holdings plc                  
notification obligation:iii                                                             
                                                                                        
                                                     HSBC Global Asset Management (UK)  
                                                     Limited                            
                                                                                        
                                                     HSBC Global Asset Management       
                                                     (France)                           
                                                                                        
                                                     HSBC Global Asset Management       
                                                     (International) Limited            
                                                                                        
                                                     The Bank of Bermuda Limited        
4. Full name of shareholder(s)                                                          
 (if different from 3.):iv                           HSBC Bank plc                      
                                                                                        
                                                     HSBC Bank USA, National Association
                                                                                        
                                                     HSBC Investment Management         
                                                                                        
                                                     HSBC Trust Company (UK) Limited    
                                                                                        
                                                     HSBC Private Bank (Luxembourg) S.A.
                                                                                        
                                                     HSBC Private Bank (Suisse) SA      
                                                                                        
5. Date of the transaction and date on                                                  
which the threshold is crossed or                    05th September 2013                
reached: v                                                                              
                                                                                        
6. Date on which issuer notified:                    11th September 2013                
                                                                                        
7. Threshold(s) that is/are crossed or               Below 4%                           
reached: vi, vii                                                                        
                                                                                        


 

8. Notified details:                                                                               
                                                                                                   
A: Voting rights attached to shares viii, ix                                                       
                                                                                                   
Class/type   Situation previous          Resulting situation after the triggering transaction      
of           to the triggering                                                                     
shares       transaction                                                                           
                                                                                                   
             Number          Number      Number        Number of voting     % of  voting           
if possible  of              of          of shares     rights               rights x               
using        Shares          Voting                                                                
the ISIN                     Rights      Direct        Direct xi Indirect   Direct    Indirect     
CODE                                                             xii                               
                                                                                                   
                                                                                                   
BMG5361W1047    8,867,134     8,867,134    2,127,152   2,127,152  4,023,619 1.170%      2.213%     
                                                                                                   
                                                                                                   
                                                                                                   
                                                                                                   
                                                                                                   
B: Qualifying Financial Instruments                                                                
                                                                                                   
Resulting situation after the triggering transaction                                               
                                                                                                   
Type of financial   Expiration     Exercise/               Number of voting         % of voting    
instrument          date xiii      Conversion 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 price Expiration Exercise/     Number of voting rights   % of voting        
financial                    date xvii  Conversion    instrument refers to      rights xix, xx     
instrument                              period xviii                                               
                                                                                                   
                                                                                                   
                                                                                Nominal Delta      
                                                                                                   
                                                                                                   
                                                                                                   
                                                                                                   
                                                                                                   
Total (A+B+C)                                                                                      
                                                                                                   
Number of voting rights                        Percentage of voting rights                         
                                                                                                   
                  6,150,771                                        3.384%                          
                                                                                                   


 

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable: xxi                          
                                                                                        
                                                                                        
                                                                                        
                                      NA                                                
                                                                                        
                                                                                        
                                                                                        
Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                                        NA                 
                                                                                        
11. Number of voting rights proxy holder will cease                  NA                 
to hold:                                                                                
                                                                                        
12. Date on which proxy holder will cease to hold                    NA                 
voting rights:                                                                          
                                                                                        
                                                                                        
                                                                                        
                                                                                        
13. Additional information:                    None                                     
                                                                                        
14. Contact name:                              Baljeet Gill                             
                                                                                        
                                               0207 991 6555                            
15. Contact telephone number:                                                           
                                               ([e-mail])