Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                          
                                                                                        
                                                                                        
1. Identity of the issuer or the underlying issuer                                      
of existing shares to which voting rights are                                           
attached:                                                    Lancashire Holdings Limited
                                                                                        
                                                                                        
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 the                 Legal & General Group Plc (L&G)
notification obligation:                                                                
                                                                                        
4. Full name of shareholder(s)                                         N/A              
 (if different from 3.):                                                                
                                                                                        
5. Date of the transaction and date on                                                  
which the threshold is crossed or                                01 August 2013         
reached:                                                                                
                                                                                        
6. Date on which issuer notified:                                02 August 2013         
                                                                                        
7. Threshold(s) that is/are crossed or                                                  
reached:                                                       L&G (From 5% to 4%)      
                                                                                        
                      
8. Notified details:                                                                            
                                                                                                
A: Voting rights attached to shares                                                             
                                                                                                
Class/         Situation previous         Resulting situation after the triggering transaction  
type of        to the triggering                                                                
shares            transaction                                                                   
                                                                                                
               Number         Number                 Number of voting     % of  voting rights   
if               of             of                        rights                                
possible       Shares         Voting      Number                                                
using                         Rights    of shares                                               
the ISIN                                                                                        
CODE                                                 Direct    Indirect  Direct     Indirect    
                                                                                                
                    9,658,614                                                                   
Common                                                                                          
USD 0.50                                 8,156,533  8,156,533            4.95%                  
                                                                                                
               (As of 28/03/2012)                                                               
                                                                                                
                                                                                                
                                                                                                
B: Qualifying Financial Instruments                                                             
                                                                                                
Resulting situation after the triggering transaction                                            
                                                                                                
                                                    Number of voting                            
                                                    rights that may be                          
Type of     Expiration         Exercise/            acquired if the             % of voting     
financial   date               Conversion Period    instrument is               rights          
instrument                                          exercised/ converted.                       
                                                                                                
                                                                                                
                                                                                                
                                                                                                
                                                                                                
C: Financial Instruments with similar economic effect to Qualifying Financial                   
Instruments                                                                                     
                                                                                                
Resulting situation after the triggering transaction                                            
                                                                                                
                                                                                                
                                                                                                
Type of    Exercise price   Expiration Exercise/   Number of voting rights  % of voting rights  
financial                   date       Conversion  instrument refers to                         
instrument                             period                                                   
                                                                                                
                                                                                                
                                                                                                
                                                                            Nominal     Delta    
                                                                                                
                                                                                                
                                                                                                
                                                                                                
                                                                                                
Total (A+B+C)                                                                                   
                                                                                                
Number of voting rights                     Percentage of voting rights                     
                                                                                                
       8,156,533                                       4.95%                      
                                                                                                
                                                                                                
                                                                                                



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) ( 10,918,031 -                  
6.62%= Total Position)                                                                  
                                                                                        
Legal & General Investment Management (Holdings) Limited (LGIMH)                        
(Direct and Indirect)  ( 10,918,031 - 6.62%= Total Position)                            
                                                                                        
Legal & General Investment Management Limited (Indirect) (LGIM) (                       
10,918,031 - 6.62%= Total Position)                                                     
                                                                                        
Legal & General Group Plc (Direct) (L&G) ( 8,156,533 -4.95% = LGAS, LGPL & PMC)         
                                                                                        
Legal & General Investment Management (Holdings)       Legal & General                  
Limited (Direct) (LGIMHD)                              Insurance Holdings               
                                                       Limited (Direct) (LGIH)          
                                                                                        
Legal & General Assurance (Pensions Management)        Legal & General                  
Limited  (PMC)                                         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 holder will cease                 N/A                 
to hold:                                                                                
                                                                                        
12. Date on which proxy holder will cease to hold                   N/A                 
voting rights:                                                                          
                                                                                        
                                                                                        
                                                                                        
                                 Notification using the total voting rights figure of   
13. Additional information:                 164,754,743 on 2nd August 2013              
                                                                                        
                                    Based on current total voting rights figure of      
                               181,778,7805 no further threshold has been crossed as of 
                                                    30 August 2013                      
                                                                                        
14. Contact name:                                Angela Hayter (LGIM)                   
                                                                                        
15. Contact telephone number:                       020 3124 3851