FRN Variable Rate Fix

FRN Variable Rate Fix

Bank of New York Mellon

As Agent Bank, please be advised of the following rate determined on: 13/09/12
Issue	¦ LANCASHIRE HOLDINGS LIMITED - EUR 24,000,000 UnJunior SUB Notes due 15 Jun 2035
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ISIN Number	¦ Lancashire
ISIN Reference	¦ LANC 2035
Issue Nomin EUR	¦ 24000000
Period	¦ 41167 to 41258			Â		Payment Date 41258
Number of Days	¦ 91
Rate	¦ 3.952
Denomination EUR	¦ 100000		¦ 24000000				Â	¦ Lancashire
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Amount Payable per Denomination	¦ 998.98		¦ Pok239754.67					¦ Lancashire
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Bank of New York
Rate Fix Desk			Telephone			¦ 44 1202 689580
Corporate Trust Services			Facsimile			¦ 44 1202 689601