Holding(s) in Company

Beazley Group PLC
03 December 2003


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1)   Name of company

Beazley Group plc

2)   Name of shareholder having a major interest

Lehman Brothers International (Europe)

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

As 2

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

Not disclosed

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

Not disclosed

8)   Percentage of issued class

N/A

9)   Class of security

Ordinary shares of 5p

10)  Date of transaction

Not disclosed - holding stated as at 27 November 2003

11)  Date company informed

1 December 2003

12)  Total holding following this notification

15,119,452

13)  Total percentage holding of issued class following this notification

6.58%

14)  Any additional information

N/A

15)  Name of contact and telephone number for queries

Jeremy P Gorman

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

Jeremy Gorman     Company Secretary
     Date of notification ...3 December 2003.....








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