Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                                     
                                                                                                    
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                                                  Yes    
                                                                                                    
An acquisition or disposal of qualifying financial instruments which may result               No    
in the acquisition of shares already issued to which voting rights are attached                     
                                                                                                    
An acquisition or disposal of instruments with similar economic effect to                     No    
qualifying financial instruments                                                                    
                                                                                                    
An event changing the breakdown of voting rights                                              No    
                                                                                                    
Other (please                                                                                 No    
specify):                                                                                           
                                                                                                    
3. Full name of person(s) subject to the                          Invesco Limited                   
notification obligation: iii                                                                        
                                                                                                    
4. Full name of shareholder(s)                                                                      
 (if different from 3.):iv                                                                          
                                                                                                    
5. Date of the transaction and date on                              01 June 2015                    
which the threshold is crossed or                                                                   
reached: v                                                                                          
                                                                                                    
6. Date on which issuer notified:                                   02 June 2015                    
                                                                                                    
7. Threshold(s) that is/are crossed or                                  17%                         
reached: vi, vii                                                                                    
                                                                                                    

   

8. Notified details:                                                                                     
                                                                                                         
A: Voting rights attached to shares viii, ix                                                             
                                                                                                         
Class/type of      Situation previous           Resulting situation after the triggering transaction     
shares             to the triggering                                                                     
                   transaction                                                                           
if possible using                                                                                        
the ISIN CODE      Number        Number         Number     Number of voting       % of  voting rights x  
                   of            of             of shares  rights                                        
                   Shares        Voting                                                                  
                                 Rights         Direct     Direct   Indirect xii  Direct   Indirect      
                                                           xi                                            
                                                                                                         
                   33,260,077    33,260,077                         33,692,871             17.01 %       
                                                                                                         
BMG5361W1047                                                                                             
                                                                                                         
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 financial Exercise     Expiration   Exercise/     Number of voting rights   % of voting rights   
instrument        price        date xvii    Conversion    instrument refers to      xix, xx              
                                            period xviii                                                 
                                                                                                         
                                                                                    Nominal     Delta    
                                                                                                         
Total (A+B+C)                                                                                            
                                                                                                         
Number of voting rights                              Percentage of voting rights                         
                                                                                                         
33,692,871                                           17.01%                                              
                                                                                                         

   

9. Chain of controlled undertakings through which the voting rights and/or the              
financial instruments are effectively held, if applicable: xxi                              
                                                                                            
                                                                                            
Invesco Advisers Inc.  2,489,353                                                            
Invesco Asset Management Limited -   31,140,753                                             
Invesco PowerShares Capital Management LLC -  17,539                                        
Invesco Global Asset Management Ltd - 696                                                   
Invesco Management S.A - 44,530                                                             
                                                                                            
Proxy Voting:                                                                               
                                                                                            
10. Name of the proxy holder:                                               Invesco (UK) Ltd
                                                                                            
11. Number of voting rights proxy holder will cease                                      N/A
to hold:                                                                                    
                                                                                            
12. Date on which proxy holder will cease to hold                                        N/A
voting rights:                                                                              
                                                                                            
                                                                                            
13. Additional information:                                                                 
                                                                                            
14. Contact name:                                             Daniel Banayo                 
                                                                                            
15. Contact telephone number:                                 01491 416 381