Holding(s) in Company

Admiral Group plc

Disclosure of Interest in Share Capital

Admiral Group plc ("Admiral") announces, in accordance with Listing
Rule DTR 5.8.12, that Munich Re has today sold 13,000,000 shares in
Admiral, reducing its holding to 27,079,400 shares, amounting to
10.2% of issued share capital.

For further information, please contact:

Admiral 02920 435528

Alistair Hargreaves

Financial Dynamics  0207 269 7200

Rob Bailhache

---END OF MESSAGE---




This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.