Holding(s) in Company

Beazley Group PLC
02 December 2002

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company

BEAZLEY GROUP PLC

2)   Name of shareholder having a major interest

AMVESCAP PLC and subsidiary companies


3)   Please state whether notification indicates that it is in respect of
     holding of the shareholder named in 2 above or in respect of a
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

Holdings on behalf of Discretionary Clients. None of these shares is
beneficially owned by AMVESCAP. Subsidiary companies of AMVESCAP have a large
number of portfolio management clients for whom they act as investment manager
and investment advisor and by virtue of section 203 of the Companies Act 1985
AMVESCAP is deemed to have the same interest in the shares.


4)   Name of the registered holder(s) and, if more than one holder, the
     number of shares held by each of them

Vidacos Nominees Limited                                    32,751,467

Chase Nominees Limited                                      2,150,977

HSBC Nominees Limited                                       3,000,048

Bank of New York Nominees Limited                              566,046

Northern Trust Nominees                                        469,818


5)   Number of shares/amount of stock acquired

16,219,891


6)   Percentage of issued class

7.07%


7)   Number of shares/amount of stock disposed

N/A

8)   Percentage of issued class

N/A

9)   Class of security

Ordinary shares of 5p

10)  Date of transaction

27th November 2002


11)  Date company informed

28th November 2002

12)  Total holding following this notification

38,938,356


13)  Total percentage holding of issued class following this notification


16.96%

14)  Any additional information


Within this notification is included the following notifiable holding: INVESCO
Perpetual High Income Fund now holds 13,302,098 shares, representing 5.79% of
the issued share capital, which are registered in the name of Vidacos Nominees
Limited.

15)  Name of contact and telephone number for queries

J P Gorman 020 7935 0027

16)  Name and signature of authorised company official responsible for
     making this notification


Jeremy P Gorman   Company Secretary


     Date of notification ..2nd December 2002....





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