Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)                              

1. Identity of the issuer or the underlying     Lancashire Holdings Limited    
issuer of existing shares to which voting                                      
rights are attached:(ii)                                                       


2 Reason for the notification (please tick the appropriate box or boxes):      

An acquisition or disposal of voting rights                        Yes   
                                                                               
An acquisition or disposal of qualifying financial instruments 
which may result in the acquisition of shares already issued to 
which voting rights are attached                                                            
                                                                               
An acquisition or disposal of instruments with similar economic 
effect to qualifying financial instruments                                            
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please specify):                                                                      

3. Full name of person(s) subject to       Legal & General Group Plc (L&G)     
the notification obligation: (iii)                                             

4. Full name of shareholder(s) (if       Legal & General Assurance (Pensions   
different from 3.): (iv)                      Management) Limited (PMC)        

5. Date of the transaction and date                 07 July 2009               
on which the threshold is crossed or                                           
reached: (v)                                                                   

6. Date on which issuer notified:                   08 July 2009               
 
7. Threshold(s) that is/are crossed              From 5% - 6% (L&G)            
or reached: (vi, vii)                                                          


8. Notified details:
A: Voting rights attached to shares (viii, ix)

Class/type   Situation previous            Resulting situation after            
of           to the triggering                  the triggering                 
shares          transaction                      transaction                   
                                                                                 
                                                                                 
if possible   Number    Number       Number        Number of         % of voting   
using           of        of        of shares       voting           rights (x)    
the ISIN      Shares    Voting                      rights                         
CODE                    Rights                                                   
                                                                                 
                                                                                 
                                     Direct     Direct    Indirect  Direct  Indirect
                                                 (xi)      (xii)                    
                                                                                 
Common       9,841,996  9,841,996  10,671,996  10,671,996            6.16           
USD 0.50                                                                         
                                                                                 

B: Qualifying Financial Instruments                                              
                                                                                 
Resulting situation after the triggering transaction                             
                                                                                 
Type of financial Expiration     Exercise/      Number of voting    % of voting  
   instrument        date    Conversion Period rights that may be      rights    
                    (xiii)         (xiv)         acquired if the                 
                                                  instrument is                  
                                                   exercised/                    
                                                   converted.                    
                                                                                 

C: Financial Instruments with similar economic effect to Qualifying Financial   
Instruments xv, xvi                                                             
                                                                                
Resulting situation after the triggering transaction                            
                                                                                
   Type of     Exercise Expiration Exercise/  Number of voting    % of voting   
  financial     price      date    Conversion rights instrument rights (xix, xx)
  instrument              (xvii)     period       refers to                     
                                    (xviii)                                     
                                                                                
                                                                Nominal   Delta 
                                                                                

Total (A+B+C)                                                                  
                                                                               
        Number of voting rights               Percentage of voting rights      
                                                                               
              10,671,996                                 6.16                  


9. Chain of controlled undertakings through which the voting rights and/or the 
financial instruments are effectively held, if applicable: (xxi)               
                                                                               
Legal & General Group Plc (Direct and Indirect) (Group) (13,492,684 - 7.79% =  
Total Position)                                                                
                                                                               
Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and   
Indirect) (13,492,684 - 7.79% = Total Position)                                
                                                                               
Legal & General Investment Management Limited (Indirect) (LGIM) (13,492,684 -  
7.79% = Total Position)                                                        
                                                                               
Legal & General Group Plc (Direct) (L&G) (10,671,996 - 6.16% = LGAS, LGPL &    
PMC)                                                                           
                                                                               
Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD)     
(6,108,225 - 3.52% = PMC)                                                      
                                                                               
Legal & General Insurance Holdings Limited (Direct) (LGIH)                     
                                                                               
Legal & General Assurance (Pensions Management) Limited (PMC) (6,108,225 -     
3.52% = PMC)                                                                   
                                                                               
Legal & General Assurance Society Limited (LGAS & LGPL)                        
                                                                               
Legal & General Pensions Limited (Direct) (LGPL)                               


Proxy Voting:                                                                  
                                                                               
10. Name of the proxy holder:                             N/A                  
                                                                               

11. Number of voting rights proxy                         N/A                  
holder will cease to hold:                                                     
                                                                               

12. Date on which proxy holder will                       N/A                  
cease to hold voting rights:                                                   


13. Additional information:               Notification using the total voting  
                                             rights figure of 173,069,895      
                                                                               

14. Contact name:                                 Helen Lewis (LGIM)           
                                                                               

15. Contact telephone number:                        020 3124 3851             

For notes on how to complete form TR-1 please see the FSA website.