Holding(s) in Company

Beazley Group PLC
28 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

     Lehman Brothers International (Europe)

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

     As 2

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

     Not disclosed

5)   Number of shares/amount of stock acquired

     Not disclosed

6)   Percentage of issued class

     N/A

7)   Number of shares/amount of stock disposed

     Not disclosed

8)   Percentage of issued class

     N/A

9)   Class of security

     Ordinary shares of 5p

10)  Date of transaction

     Not diclosed

11)  Date company informed

     27th May 2003

12)  Total holding following this notification

     13,394,452

13)  Total percentage holding of issued class following this notification

     5.84%

14)  Any additional information

     Shareholding is stated as at close of businees on 22nd May 2003

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 Gorman     Company Secretary

     Date of notification .....28th May 2003.....



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