Holding(s) in Company

Admiral Group PLC
20 October 2004


                       Admiral Group Plc ('the Company')

                    Disclosure of Interest in Share Capital


The Company today received notification in accordance with Sections 198-202 of
the Companies Act 1985 that as 18th October 2004, Fidelity International Limited
had a notifiable interest in 15,558,000 ordinary shares in the Company
representing 6.02 % of the fully paid issued share capital.  The shares were
registered as follows:

Bank of New York London                                          944,200
Brown Brothers Harriman                                        1,702,400
Chase Manhattan Bank London                                      562,200
Citibank                                                          23,200
Deutsche Bank                                                  4,356,100
JP Morgan                                                         71,400
Mellon Bank                                                       27,500
Northern Trust                                                   743,200
State Street Bank & Trust                                        156,700
Chase Manhattan Bank London                                    6,461,900
JP Morgan                                                        234,300
Bank of New York London                                          149,200
Citibank                                                          30,800
Deutsche Bank                                                     18,900
Mellon Nominees Ltd                                               76,200




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