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Accident Exchange (~268)

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Wednesday 13 April, 2005

Accident Exchange

Holding(s) in Company

Accident Exchange Group PLC
13 April 2005

Accident Exchange Group plc ('the Company')

The company has been notified, in accordance with Section 198 of the Companies
Act 1985, that, following a disposal of an interest in the Company, Morgan
Stanley Securities Limited ('MSSL), and the group of companies which are direct
or indirect holding companies of MSSL, no longer hold a notifiable interest in
the Company.

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