Holding(s) in Company

Lancashire Holdings Limited
18 June 2007


Lancashire Holdings Limited

18 June 2007

                               HOLDING IN COMPANY

Lancashire Holdings Limited (the 'Company') was advised on 15 June 2007 that as
a result of sales of common shares of US$ 0.50 each ('Common Shares') Caisse de
depot et placement du Quebec's notifiable interest in the Company's Common
Shares decreased from 11.56% to 10.54% of the total issued share capital.

For further information, please contact:

Lancashire Holdings                  [phone]
Greg Lunn

Financial Dynamics                   [phone]
Rob Bailhache
Nick Henderson

www.lancashiregroup.com

About Lancashire

Lancashire, through its UK and Bermuda-based insurance subsidiaries, is a global
provider of specialty insurance  products.  Its insurance subsidiaries carry the
Lancashire group rating of A minus (Excellent) from A.M. Best with a  stable
outlook.  Lancashire has capital in excess of US$1 billion and its common shares
trade on AIM under the ticker  symbol LRE.  Lancashire is headquartered at
Mintflower Place, 8 Par-La-Ville Road, Hamilton HM 08, Bermuda.  The  mailing
address is Lancashire Holdings Limited, P.O. Box HM 2358, Hamilton HM HX,
Bermuda.  For more information on  Lancashire, visit the Company's website at
www.lancashiregroup.com.


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