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 15th October 2004, The Goldman Sachs Group, Inc.
had a notifiable interest in 7,982,961 ordinary shares in the Company
representing 3.09% of the fully paid issued share capital.



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