Dislcosure of Interest in Share Capital

Financial Services Authority


+-------------------------------------------------------------------+
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                    |
|-------------------------------------------------------------------|
|                                         |                         |
|-----------------------------------------+-------------------------|
| 1. Identity of the issuer or the        |                         |
| underlying issuer                       |                         |
| of existing shares to which voting      |    Admiral Group Plc    |
| rights are                              |                         |
| attached:                               |                         |
|                                         |                         |
|-------------------------------------------------------------------|
| 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    |          |
|                                                        |          |
|-------------------------------------------------------------------|
|                              |  TIAA-CREF Investment Management,  |
| 3. Full name of person(s)    |   LLC on behalf of the accounts    |
| subject to the               |        listed in Exhibit B         |
| notification obligation:     |                                    |
|                              | Teachers Advisors, Inc. on behalf  |
|                              |  of the funds listed in Exhibit C  |
|------------------------------+------------------------------------|
| 4. Full name of              |                                    |
| shareholder(s)               |            See number 3            |
|  (if different from 3.):     |                                    |
|------------------------------+------------------------------------|
|                              |                                    |
| 5. Date of the transaction   |                                    |
| and date on                  |                                    |
| which the threshold is       |              11/13/09              |
| crossed or                   |                                    |
| reached:                     |                                    |
|                              |                                    |
|                              |                                    |
|------------------------------+------------------------------------|
| 6. Date on which issuer      |              11/25/09              |
| notified:                    |                                    |
|------------------------------+------------------------------------|
| 7. Threshold(s) that is/are  |                                    |
| crossed or                   |                 3%                 |
| reached:                     |                                    |
|                              |                                    |
+-------------------------------------------------------------------+



+-------------------------------------------------------------------------------------------+
|8. Notified details:                                                                       |
|                                                                                           |
|-------------------------------------------------------------------------------------------|
|A: Voting rights attached to shares                                                        |
|-------------------------------------------------------------------------------------------|
|Class/type of      |  Situation previous   |   Resulting situation after the triggering    |
|shares             |   to the triggering   |                  transaction                  |
|if possible using  |      transaction      |                                               |
|the ISIN CODE      |-----------------------+-----------------------------------------------|
|                   |   Number   |  Number  |        | Number of voting |% of  voting rights|
|                   |     of     |    of    | Number |      rights      |                   |
|                   |   Shares   |  Voting  |   of   |------------------+-------------------|
|                   |            |  Rights  | shares | Direct |Indirect | Direct  |Indirect |
|-------------------+------------+----------+-----------------------------------------------|
|GB0055007982       | 8,011,162  |8,011,162 |7,949,963       7,949,963                      |
|                   |            |          |         2.98%                                 |
|-------------------------------------------------------------------------------------------|
|                                                                                           |
|-------------------------------------------------------------------------------------------|
|B: Qualifying Financial Instruments                                                        |
|-------------------------------------------------------------------------------------------|
|Resulting situation after the triggering transaction                                       |
|-------------------------------------------------------------------------------------------|
|                         |             |                 |Number of voting   |             |
|Type of financial        |Expiration   |Exercise/        |rights that may be |% of voting  |
|instrument               |date         |Conversion Period|acquired if the    |rights       |
|                         |             |                 |instrument is      |             |
|                         |             |                 |exercised/         |             |
|                         |             |                 |converted.         |             |
|-------------------------+-------------+-----------------+-------------------+-------------|
|           N/A           |     N/A     |       N/A       |        N/A        |     N/A     |
|-------------------------------------------------------------------------------------------|
|                                                                                           |
|-------------------------------------------------------------------------------------------|
|Total (A+B+C)                                                                              |
|-------------------------------------------------------------------------------------------|
|Number of voting rights                         |Percentage of voting rights               |
|-------------------------------------------------------------------------------------------|
| 7,949,963                                                                                 |
|2.98%                                                                                      |
+-------------------------------------------------------------------------------------------+



+-------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting      |
| rights and/or the                                                 |
| financial instruments are effectively held, if applicable:        |
|-------------------------------------------------------------------|
|                                                                   |
|                                                                   |
| +---------------------------------------------------------------+ |
| | The College Retirement Equities Fund )"CREF") hereby      |   | |
| | informs you that on November 13, 2009, CREF sold 61,199   |   | |
| | shares of Admiral Group Plc, bringing its total holdings  |   | |
| | in your company to 7,857,158 shares.  CREF owns these     |   | |
| | shares through two of its investment accounts, the Global |   | |
| | Equities Account and the Stock Account.  It is our        |   | |
| | understanding the total voting shares outstanding of      |   | |
| | Autonomy Corporation Plc are 266,477,291 bringing CREF's  |   | |
| | ownership in your company to a 2.95% level.               |   | |
| |                                                           |   | |
| |        For  your  information,  CREF  is  a  U.S.   based |   | |
| | investment  company,   which  is   registered  with   the |   | |
| | Securities and  Exchange Commission   ("SEC").  CREF  has |   | |
| | multiple  investment   accounts,   each   with   separate |   | |
| | investment objectives and  policies.  All  assets in  the |   | |
| | accounts are  beneficially owned  by  CREF, and  all  the |   | |
| | accounts are manage  by TIAA-CREF Investment  Management, |   | |
| | LLC, a SEC registered investment adviser.                 |   | |
| |                                                           |   | |
| |       Additionally, affiliates of CREF 92,805 shares of   |   | |
| | Autonomy Corporation Plc.  These holdings are owned by    |   | |
| | the TIAA-CREF Funds ("Funds"(+), and the TIAA-CREF Active |   | |
| | Extension Funds ("Active" Extension Unregistered          |   | |
| | Funds").  The Funds and Active Extension Unregistered     |   | |
| | Funds are managed by Teachers Advisors, Inc., an SEC      |   | |
| | registered investment adviser that is affiliated with     |   | |
| | TIAA-CREF Investment Management, LLC.  These affiliated   |   | |
| | funds, aggregated with those of CREF, own a total of      |   | |
| | 7,949,963, or 2.98% of the outstanding voting shares of   |   | |
| | your company.  Because Teachers Advisors, Inc. and        |   | |
| | TIAA-CREF Investment Management, LLC follow the same      |   | |
| | policies when voting these funds, we are aggregating the  |   | |
| | holdings for purposes of this letter.                     |   | |
| |                                                           |   | |
| |                                                           |   | |
| | (See Exhibit A)                                           |   | |
| +---------------------------------------------------------------+ |
|-------------------------------------------------------------------|
|                                                                   |
|                                                                   |
|-------------------------------------------------------------------|
| Proxy Voting:                                                     |
|-------------------------------------------------------------------|
| 10. Name of the proxy holder:               | Equitable Nominees  |
|                                             |       Limited       |
|---------------------------------------------+---------------------|
| 11. Number of voting rights proxy holder    |         N/A         |
| will cease                                  |                     |
| to hold:                                    |                     |
|---------------------------------------------+---------------------|
| 12. Date on which proxy holder will cease   |         N/A         |
| to hold                                     |                     |
| voting rights:                              |                     |
|-------------------------------------------------------------------|
|                                                                   |
|-------------------------------------------------------------------|
| 13. Additional information:       |             None              |
|-----------------------------------+-------------------------------|
| 14. Contact name:                 |        Michael Albert         |
|-----------------------------------+-------------------------------|
| 15. Contact telephone number:     |         212-490-9000          |
+-------------------------------------------------------------------+









































EXHIBIT A

Summary of Holdings of Admiral Group Plc
Between November 13, 2009 - November 16, 2009



TIAA-CREF Investment Management, LLC

CREF Global                            CREF Stock
Account                               Total Holdings
Equities
Account
CREF

Holdings as of November 13, 2009
1,769,845                            6,148,512
7,918,357

Transactions as of November 13, 2009
-
(61,199)                                                     (61,199)

Holdings as of November 16,2009
1,769,845                                6,087,313
 7,857,158





Teachers Advisors, Inc.

TIAA-CREF Funds                   TIAA-CREF Funds
Total Holdings
Enhanced International            International
Equity                 Mutual Funds            Equity Index
Fund                    Index
Fund

Holdings as of November 13, 2009
58,935
24,983                                     83,918

Transactions as of November 13, 2009
-
-                                               -

Holdings as of November 16, 2009
58,935
24,983                                     83,918




Teachers Advisors, Inc.

Active Extension Fund             Total Holdings
          I, LLC                            Unregistered Funds

Holdings as of November 13, 2009
8.887                                       8.887

Transactions as of October 28, 2009
-

Holdings as of November 16,2009
8.887
8.887




Aggregate Holdings as of October 29, 2009
Total Shares Held                                     7,949,963



Voting Shares Outstanding as of October 29, 2009
Total Voting Shares                                 266,477,291


Total Percentage Held
November 13, 2009                                 3.006%
November 16, 2009                                 2.983%








Exhibit B.

TIAA-CREF Investment Management, LLC

College Retirement Equities Fund ("CREF") *
*                CREF Stock Account
*                CREF Global Equities Account



*      Registered Investment Company

































Exhibit C.

Teachers Advisors. Inc.

TIAA-CREF Funds*
*                Enhanced International Equity Index Fund
*                International Equity Index Fund


TIAA-CREF Active Extension Funds
*                Active Extension Fund I - LLC **




*     Registered Investment Companies
**   Unregistered Fund

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This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.