Holding(s) in Company

Beazley Group PLC
21 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

Legal & General Group plc

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

HSBC Global Custody Nominee (UK) Ltd a/c 357206       5,409,653

HSBC Global Custody Nominee (UK) Ltd a/c 363605          90,384

HSBC Global Custody Nominee (UK) Ltd a/c 914945         103,331

HSBC Global Custody Nominee (UK) Ltd a/c 360509         224,250

HSBC Global Custody Nominee (UK) Ltd a/c 866203         311,000

HSBC Global Custody Nominee (UK) Ltd a/c 775245       1,126,250
                                                      ---------

                                                      7,264,868
                                                      =========

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 disclosed

11)  Date company informed

20 May 2003

12)  Total holding following this notification

7,264,868

13)  Total percentage holding of issued class following this notification

3.16%

14)  Any additional information

None

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

J P Gorman, Company Secretary

     Date of notification .21st May 2003.....








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