Director/PDMR Shareholding

Lancashire Holdings Limited
17 August 2007



Lancashire Holdings Limited

17 August 2007

                             Director Shareholding



Lancashire Holdings Limited (the 'Company') was advised today that Neil
McConachie, a director of the Company, has sold 148,025 common shares in the
Company at a price of 332 pence each.  The sale took place today.  Neil
McConachie's total holding of shares in the Company following the sale is
27,500.



For further information, please contact:


Lancashire Holdings
Neil McConachie                                       [phone]
Greg Lunn                                             [phone]

Financial Dynamics
Robert Bailhache                                      [phone]




www.lancashiregroup.com



About Lancashire



Lancashire, through its UK and Bermuda-based insurance subsidiaries, is a global
provider of specialty insurance products.  Its insurance subsidiaries carry the
Lancashire group rating of A minus (Excellent) from A.M. Best with a stable
outlook.  Lancashire has capital in excess of US$1 billion and its common shares
trade on AIM under the ticker symbol LRE.  Lancashire is headquartered at
Mintflower Place, 8 Par-La-Ville Road, Hamilton HM 08, Bermuda.  The mailing
address is Lancashire Holdings Limited, P.O. Box HM 2358, Hamilton HM HX,
Bermuda.  For more information on Lancashire, visit the Company's website at
www.lancashiregroup.com.




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