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                                            X
                                                                                        
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                            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                                    29 April 2015      
reached: v                                                                              
                                                                                        
6. Date on which issuer notified:                                     01 May  2015      
                                                                                        
7. Threshold(s) that is/are crossed or                                    14%           
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                                
                                                                                                          
             27,368,806        27,368,806                              28,039,120         14.18%          
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                           
                                                                                                          
28,039,120                                          14.18%                                                
                                                                                                          


 

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable: xxi                          
                                                                                        
                                                                                        
                                                                                        
Invesco Advisers Inc.  2,489,353                                                        
                                                                                        
Invesco Asset Management Limited -   25,478,717                                         
                                                                                        
Invesco Asset Management Limited S.A. (France) - 50,879                                 
                                                                                        
Invesco PowerShares Capital Management LLC -  20,171                                    
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                                             Invesco UK Ltd
                                                                                        
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:                                                                          
                                                                                        
                                                                                        
                                                                                        
                                                                                        
13. Additional information:                                                             
                                                                                        
14. Contact name:                                                  Philippa Sadler      
                                                                                        
15. Contact telephone number:                                       01491 417 447