Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                 
                                                                               
1. Identity of the issuer or the underlying     Lancashire Holdings Limited    
   issuer of existing shares to which voting 
   rights are attached:                                                                      
                                                                               
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:                                                       
                                                                               
4. Full name of shareholder(s)           Legal & General Assurance (Pensions   
   (if different from 3.):                       Management) Limited (PMC)        
                                                                               
5. Date of the transaction and date                 05 March 2010              
   on which the threshold is crossed 
   or reached:                                                                       
                                                                               
6. Date on which issuer notified:                   12 March 2010              
                                                                               
7. Threshold(s) that is/are crossed              L&G (From 5% to 6%)           
   or reached:                                                                       

8. Notified details:                                                            
                                                                                
A: Voting rights attached to shares                                             
                                                                                
Class/type     Situation previous         Resulting situation after the triggering      
of             to the triggering                         transaction                    
shares            transaction                                           
                                                                     
                                                                                
if          Number   Number    Number     Number of voting   % of voting rights 
possible      of       of     of shares        rights                           
using       Shares   Voting                                                     
the ISIN             Rights                                                     
CODE                                                                            

                                          Direct     Indirect    Direct  Indirect                                      
                                                                            
Common USD     10,192,432     10,288,127  10,288,127             6.05%          
0.50                                                                        
           (As on 17/02/2010)                                               
                                                                            
B: Qualifying Financial Instruments                                         
                                                                            
Resulting situation after the triggering transaction                        
                                                                            
Type of      Expiration Exercise/             Number of voting  % of voting 
financial    date       Conversion Period     rights that may   rights      
instrument                                    be                            
                                              acquired if the               
                                              instrument is                 
                                              exercised/                    
                                              converted.                    
                                                                            
C: Financial Instruments with similar economic effect to Qualifying         
Financial Instruments                                                       
                                                                            
Resulting situation after the triggering transaction                        
                                                                            
Type of     Exercise   Expiration Exercise/  Number of voting % of voting   
financial   price      date       Conversion rights           rights        
instrument                        period     instrument                     
                                             refers to                      
                                                                            
                                                              Nominal  Delta
                                                                            
Total (A+B+C)                                                               
                                                                            
Number of voting rights                 Percentage of voting rights         
                                                                            
              10,288,127                               6.05%                

9. Chain of controlled undertakings through which the voting rights and/or the 
financial instruments are effectively held, if applicable:                     
                                                                               
Legal & General Group Plc (Direct and Indirect) (Group) ( 12,139,704 - 7.14%=  
Total Position)                                                                
                                                                               
Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and   
Indirect) (12,139,704 - 7.14%= Total Position)                                 
                                                                               
Legal & General Investment Management Limited (Indirect) (LGIM) (12,139,704 -  
7.14%= Total Position)                                                         
                                                                               
Legal & General Group Plc (Direct) (L&G) ( 10,288,127 - 6.05%=LGAS, LGPL & PMC)
                                                                               
Legal & General Investment Management (Holdings) Limited Legal & General       
Insurance Holdings Limited (Direct) (LGIH)                                     
                                                                               
(Direct) (LGIMHD) ( 5,845,800 - 3.43%= PMC)                                    
                                                                               
Legal & General Assurance (Pensions Management) Limited Legal & General        
Assurance Society Limited (LGAS & LGPL)                                        
                                                                               
(PMC) ( 5,845,800 - 3.43%= PMC)                                                
                                                                               
Legal & General Pensions Limited (Direct) (LGPL)                               
                                                                               
Proxy Voting:                                                                  
                                                                               
10. Name of the proxy holder:                                  N/A             
                                                                               
11. Number of voting rights proxy holder will                  N/A             
cease                                                                          
to hold:                                                                       
                                                                               
12. Date on which proxy holder will cease to hold              N/A             
voting rights:                                                                 
                                                                               
                                         Notification using the total voting   
13. Additional information:                  rights figure of 170,007,132      
                                                                               
14. Contact name:                                 Helen Lewis (LGIM)           
                                                                               
15. Contact telephone number:                       020 3124 3851