Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                         
                                                                                        
                                                                                        
                                                                                        
1. Identity of the issuer or the underlying issuer                                      
of existing shares to which voting rights are               Lancashire Holdings Ltd     
attached:ii                                                                             
                                                                                        
2 Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
An acquisition or disposal of voting rights                                             
                                                                                        
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): Change in Investment Manager. Proxy voting rights no longer    X
                        owned by Invesco Limited. No market transaction completed.      
                                                                                        
3. Full name of person(s) subject to the                  Invesco Limited               
notification obligation:iii                                                             
                                                                                        
4. Full name of shareholder(s)                                                          
 (if different from 3.):iv                                                              
                                                                                        
5. Date of the transaction and date on                                                  
which the threshold is crossed or                          28 April 2014                
reached: v                                                                              
                                                                                        
6. Date on which issuer notified:                            1 May 2014                 
                                                                                        
7. Threshold(s) that is/are crossed or                          11%                     
reached: vi, vii                                                                        
                                                                                        


 

8. Notified details:                                                                                      
                                                                                                          
A: Voting rights attached to shares viii, ix                                                              
                                                                                                          
Class/type   Situation previous              Resulting situation after the triggering transaction         
of           to the triggering                                                                            
shares       transaction                                                                                  
                                                                                                          
             Number            Number        Number         Number of voting       % of  voting rights x  
if possible  of                of            of shares      rights                                        
using        Shares            Voting                                                                     
the ISIN                       Rights        Direct         Direct xi  Indirect    Direct Indirect        
CODE                                                                   xii                                
                                                                                                          
                                                                                                          
                                                                                                          
                                                                                                          
             22,685,578        22,685,578                              19,186,147         10.46%          
BMG5361W1047                                                                                              
                                                                                                          
                                                                                                          
                                                                                                          
                                                                                                          
                                                                                                          
B: Qualifying Financial Instruments                                                                       
                                                                                                          
Resulting situation after the triggering transaction                                                      
                                                                                                          
Type of          Expiration         Exercise/                Number of voting            % of voting      
financial        date xiii          Conversion Period xiv    rights that may be          rights           
instrument                                                   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 price     Expiration    Exercise/      Number of voting rights   % of voting rights   
financial                     date xvii     Conversion     instrument refers to      xix, xx              
instrument                                  period xviii                                                  
                                                                                                          
                                                                                                          
                                                                                     Nominal Delta        
                                                                                                          
                                                                                                          
                                                                                                          
                                                                                                          
                                                                                                          
Total (A+B+C)                                                                                             
                                                                                                          
Number of voting rights                             Percentage of voting rights                           
                                                                                                          
19,186,147                                          10.46%                                                
                                                                                                          


 

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable: xxi                          
                                                                                        
                                                                                        
                                                                                        
Invesco Advisers Inc.  - 2,819,075                                                      
                                                                                        
Invesco Asset Management Limited -   5,845,036                                          
                                                                                        
Invesco Fund Managers Limited -   10,426,448                                            
                                                                                        
Invesco GT Management S.A Lux & Invesco Advisers Inc. -  82,230                         
                                                                                        
Invesco PowerShares Capital Management LLC -  13,358                                    
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                                                           
                                                                                        
11. Number of voting rights proxy holder will cease                                     
to hold:                                                                                
                                                                                        
12. Date on which proxy holder will cease to hold                                       
voting rights:                                                                          
                                                                                        
                                                                                        
                                                                                        
                                                                                        
13. Additional information:                                                             
                                                                                        
14. Contact name:                                                    Philippa Sadler    
                                                                                        
15. Contact telephone number:                                         01491 417 447