Holding(s) in Company

Beazley Group PLC
20 November 2002

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company

BEAZLEY GROUP PLC

2)   Name of shareholder having a major interest

FMR Corp, parent holding company of Fidelity Management & Research Company
(FMRCO).



Fidelity International Limited, parent holding company for various direct and
indirect subsidiaries, including Fidelity Investment Services Limited (FISL).



Edward C Johnson 3rd, a principal shareholder in FMR Corp and Fidelity
International Limited


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


FMR Corp and its direct and indirect subsidiaries, and Fidelity International
Limited (FIL) and its direct and indirect subsidiaries, both being
non-beneficial holders


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

Management Company      Registered Name               Shares held

FMRCo                   Mellon Bank                       25,700

FISL                    Chase Manhattan Bank London   21,399,700

FIL                     Chase Manhattan Bank London   1,249,942


5)   Number of shares/amount of stock acquired

Not disclosed


6)   Percentage of issued class

N/A


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

Not disclosed


11)  Date company informed

20th November 2002

12)  Total holding following this notification

22,675,342


13)  Total percentage holding of issued class following this notification


9.88%

14)  Any additional information


Shareholding as disclosed in the Company's Prospectus dated 7th November 2002.



The notifiable interests include interests held on behalf of authorised unit
trust schemes in the UK notwithstanding the exemption from reporting pursuant to
Section 209(1)(h) of the Companies Act 1985.


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 ..20th November 2002....



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