Holding(s) in Company

Beazley Group PLC
16 May 2003


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1)   Name of company

BEAZLEY GROUP PLC

2)   Name of shareholder having a major interest

AMVESCAP PLC and subsidiary companies

3)   Please state whether notification indicates that it is in respect of
     holding of the shareholder named in 2 above or in respect of a
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

Holdings on behalf of Discretionary Clients. None of these shares is
beneficially owned by AMVESCAP. Subsidiary companies of AMVESCAP have a large
number of portfolio management clients for whom they act as investment manager
and investment advisor and by virtue of section 203 of the Companies Act 1985
AMVESCAP is deemed to have the same interest in the shares.

4)   Name of the registered holder(s) and, if more than one holder, the
     number of shares held by each of them

Vidacos Nominees Limited                                    35,013,920

Chase Nominees Limited                                      2,354,977

HSBC Nominees Limited                                       3,154,192

Bank of New York Nominees Limited                           1,046,446

Northern Trust Nominees                                        469,818

5)   Number of shares/amount of stock acquired

2,000,000

6)   Percentage of issued class

0.87%

7)   Number of shares/amount of stock disposed

N/A

8)   Percentage of issued class

N/A

9)   Class of security

Ordinary shares of 5p

10)  Date of transaction

14th May 2003

11)  Date company informed

15th May 2003

12)  Total holding following this notification

42,039,353

13)  Total percentage holding of issued class following this notification

18.31%

14)  Any additional information

Within this notification is included the following notifiable holdings: INVESCO
Perpetual High Income Fund holds 13,302,098 shares, representing 5.79% of the
issued share capital, and INVESCO Perpetual UK Growth Fund holds 7,786,416
shares, representing 3.39% of the issued share capital, which are both
registered in the name of Vidacos Nominees Limited.

15)  Name of contact and telephone number for queries

J P Gorman 020 7935 0027

16)  Name and signature of authorised company official responsible for
     making this notification

Jeremy P Gorman   Company Secretary

     Date of notification ..16th May 2003....



                      This information is provided by RNS
            The company news service from the London Stock Exchange