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Annual Information Update

7th Apr 2011 15:13

LANCASHIRE HOLDINGS LIMITED 7 April 2011Hamilton, Bermuda

Annual Information Update for the 12 months up to and including 7April 2011

In accordance with PR 5.2 Lancashire Holdings Limited (the "Company") sets outbelow a summary of the information that has been published or made available to thepublic over the previous twelve months, up to and including 7 April 2011.

The Company is registered in Bermuda and is not required to file documents with Companies House in the United Kingdom.

The following regulatory announcements have been made via a Regulatory Information Service:

01/04/2011 Lancashire Holdings Holding(s) in Company

Limited (LRE)

31/03/2011 Lancashire Holdings Total Voting Rights

Limited (LRE)

30/03/2011 Lancashire Holdings Treasury Stock - Transfers

Limited (LRE)

24/03/2011 Lancashire Holdings Notice of Q1 2011 Results and

Limited (LRE) Conference Call

23/03/2011 Lancashire Holdings Treasury Share Transfer

Limited (LRE) 15/03/2011 Lancashire Holdings Notice of AGM and Annual Report 2010 Limited (LRE)

15/03/2011 Lancashire Holdings Q1 2011 Reported Losses and Japan

Limited (LRE) Update

11/03/2011 Lancashire Holdings FRN Variable Rate Fix

Limited (LRE)

10/03/2011 Lancashire Holdings Holding(s) in Company

Limited (LRE)

09/03/2011 Lancashire Holdings Director/PDMR Shareholding

Limited (LRE)

09/03/2011 Lancashire Holdings Holding(s) in Company

Limited (LRE)

07/03/2011 Lancashire Holdings AGM Record Date

Limited (LRE)

02/03/2011 Lancashire Holdings Treasury Shares - Transfers

Limited (LRE)

02/03/2011 Lancashire Holdings Holding(s) in Company

Limited (LRE)

02/03/2011 Lancashire Holdings Director/PDMR Shareholding

Limited (LRE)

01/03/2011 Lancashire Holdings Director/PDMR Shareholding

Limited (LRE)

01/03/2011 Lancashire Holdings Director/PDMR Shareholding

Limited (LRE)

01/03/2011 Lancashire Holdings Director/PDMR Shareholding

Limited (LRE)

28/02/2011 Lancashire Holdings Total Voting Rights

Limited (LRE)

28/02/2011 Lancashire Holdings Notice of Investor Day

Limited (LRE)

25/02/2011 Lancashire Holdings Director/PDMR Shareholding

Limited (LRE)

24/02/2011 Lancashire Holdings Final Results - Replacement

Limited (LRE)

22/02/2011 Lancashire Holdings Director/PDMR Shareholding

Limited (LRE)

22/02/2011 Lancashire Holdings Holding(s) In Company

Limited (LRE)

21/02/2011 Lancashire Holdings Final Results

Limited (LRE)

01/02/2011 Lancashire Holdings Director/PDMR Shareholding

Limited (LRE)

01/02/2011 Lancashire Holdings Holding(s) in Company

Limited (LRE)

01/02/2011 Lancashire Holdings Holding(s) in Company

Limited (LRE)

31/01/2011 Lancashire Holdings Total Voting Rights

Limited (LRE) 13/01/2011 Lancashire Holdings SGM Special Resolutions Available for Limited (LRE) Inspection

10/01/2011 Lancashire Holdings Notice of Q4 2010 Results and

Limited (LRE) Conference Call

05/01/2010 Lancashire Holdings Director/PDMR Shareholding

Limited (LRE) 04/01/2011 Lancashire Holdings Transaction in Own Shares during Close Limited (LRE) Period

04/01/2011 Lancashire Holdings Total Voting Rights

Limited (LRE)

23/12/2010 Lancashire Holdings Director/PDMR Shareholding

Limited (LRE)

22/12/2010 Lancashire Holdings Director/PDMR Shareholding

Limited (LRE)

22/12/2010 Lancashire Holdings Notice of SGM Results

Limited (LRE)

16/12/2010 Lancashire Holdings Total Voting Rights

Limited (LRE)

14/12/2010 Lancashire Holdings FRN Variable Rate Fix

Limited (LRE)

13/12/2010 Lancashire Holdings Holding(s) In Company

Limited (LRE)

13/12/2010 Lancashire Holdings Holding(s) In Company

Limited (LRE)

09/12/2010 Lancashire Holdings Holding(s) In Company

Limited (LRE)

03/12/2010 Lancashire Holdings Holding(s) In Company

Limited (LRE)

30/11/2010 Lancashire Holdings Total Voting Rights

Limited (LRE) 29/11/2010 Lancashire Holdings Posting of Notice of Special General Limited (LRE) Meeting

24/11/2010 Lancashire Holdings Director/PDMR Shareholding

Limited (LRE)

23/11/2010 Lancashire Holdings Holding(s) In Company

Limited (LRE)

22/11/2010 Lancashire Holdings SGM Record Date

Limited (LRE)

17/11/2010 Lancashire Holdings Holding(s) In Company

Limited (LRE)

08/11/2010 Lancashire Holdings 3rdQuarter Results

Limited (LRE) 08/11/2010 Lancashire Holdings Director Appointment and Proposed CFO Limited (LRE) Change

29/10/2010 Lancashire Holdings Total Voting Rights

Limited (LRE)

28/10/2010 Lancashire Holdings Moody's Rating Announcement

Limited (LRE)

26/10/2010 Lancashire Holdings Holding(s) in Company

Limited (LRE)

19/10/2010 Lancashire Holdings Directorate Change

Limited (LRE)

11/10/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

30/09/2010 Lancashire Holdings Total Voting Rights

Limited (LRE)

29/09/2010 Lancashire Holdings Director/PDMR Shareholding

Limited (LRE)

24/09/2010 Lancashire Holdings Holding(s) in Company

Limited (LRE)

24/09/2010 Lancashire Holdings Notice of Results

Limited (LRE)

21/09/2010 Lancashire Holdings Appointment of LICL Head of

Limited (LRE) Underwriting

17/09/2010 Lancashire Holdings Transaction In Own Shares

Limited (LRE)

16/09/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

15/09/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

13/09/2010 Lancashire Holdings FRN Variable Rate Fix

Limited (LRE)

13/09/2010 Lancashire Holdings Holding(s) in Company

Limited (LRE)

13/09/2010 Lancashire Holdings Share Repurchase Programme Update

Limited (LRE)

13/09/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

10/09/2010 Lancashire Holdings Director/PDMR Shareholding

Limited (LRE)

10/09/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

09/09/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

08/09/2010 Lancashire Holdings Transaction in own Shares

Limited (LRE)

02/09/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

01/09/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

31/08/2010 Lancashire Holdings Total Voting Rights

Limited (LRE)

31/08/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

27/08/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

26/08/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

25/08/2010 Lancashire Holdings Transaction in own Shares

Limited (LRE)

24/08/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

23/08/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

20/08/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

19/08/2010 Lancashire Holdings Director/PDMR Shareholding

Limited (LRE)

19/08/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

18/08/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

17/08/2010 Lancashire Holdings Transaction in own Shares

Limited (LRE)

16/08/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

13/08/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

12/08/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

11/08/2010 Lancashire Holdings Director / PDMR Shareholding

Limited (LRE)

11/08/2010 Lancashire Holdings Director/PDMR Shareholding

Limited (LRE)

11/08/2010 Lancashire Holdings Transcation in Own Shares

Limited (LRE)

10/08/2010 Lancashire Holdings Holding(s) In Company

Limited (LRE)

06/08/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

05/08/2010 Lancashire Holdings Q2 2010 Results

Limited (LRE)

05/08/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

05/08/2010 Lancashire Holdings Director Appointment

Limited (LRE)

04/08/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

03/08/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

02/08/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

30/07/2010 Lancashire Holdings Total Voting Rights

Limited (LRE)

30/07/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE) 29/07/2010 Lancashire Holdings Appointment of Group Marketing Director Limited (LRE)

29/07/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

28/07/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

27/07/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

26/07/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

23/07/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

22/07/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

21/07/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

20/07/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

19/07/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

16/07/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

15/07/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

14/07/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

13/07/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

12/07/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

09/07/2010 Lancashire Holdings Holding(s) In Company

Limited (LRE)

09/07/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

08/07/2010 Lancashire Holdings Holding(s) in Company

Limited (LRE)

08/07/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

07/07/2010 Lancashire Holdings Holding(s) in Company

Limited (LRE)

07/07/2010 Lancashire Holdings Directorate Change

Limited (LRE)

07/07/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

07/07/2010 Lancashire Holdings Director / PDMR Shareholding

Limited (LRE)

06/07/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE) 02/07/2010 Lancashire Holdings Transaction in Own Shares during Close Limited (LRE) Period

01/07/2010 Lancashire Holdings Share Repurchase Related Party

Limited (LRE) Transaction

01/07/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

30/06/2010 Lancashire Holdings Total Voting Rights

Limited (LRE)

30/06/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

29/06/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

29/06/2010 Lancashire Holdings Holding(s) in Company

Limited (LRE)

28/06/2010 Lancashire Holdings Director/PDMR Shareholding

Limited (LRE)

28/06/2010 Lancashire Holdings Director/PDMR Shareholding

Limited (LRE)

28/06/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

25/06/2010 Lancashire Holdings Holding(s) in Company

Limited (LRE)

25/06/2010 Lancashire Holdings Notice of Results

Limited (LRE)

25/06/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

24/06/2010 Lancashire Holdings Transaction In own shares

Limited (LRE)

22/06/2010 Lancashire Holdings Director/PDMR Shareholding

Limited (LRE)

21/06/2010 Lancashire Holdings Director/PDMR Shareholding

Limited (LRE)

18/06/2010 Lancashire Holdings Director/PDMR Shareholding

Limited (LRE)

16/06/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

15/06/2010 Lancashire Holdings Director/PDMR Shareholding

Limited (LRE)

14/06/2010 Lancashire Holdings FRN Variable Rate Fix

Limited (LRE)

11/06/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

11/06/2010 Lancashire Holdings Transaction in Own Shares

Limited (LRE)

10/06/2010 Lancashire Holdings Holding(s) in Company

Limited (LRE)

10/06/2010 Lancashire Holdings Holding(s) in Company

Limited (LRE)

10/06/2010 Lancashire Holdings Director / PDMR Shareholding

Limited (LRE)

10/06/2010 Lancashire Holdings Share Repurchase Programme Update

Limited (LRE)

09/06/2010 Lancashire Holdings PDMR Shareholding

Limited (LRE)

04/06/2010 Lancashire Holdings AGM Resolutions Posted to FSA

Limited (LRE)

03/06/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

02/06/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

28/05/2010 Lancashire Holdings Holding(s) in Company

Limited (LRE)

28/05/2010 Lancashire Holdings Holding(s) in Company

Limited (LRE)

28/05/2010 Lancashire Holdings Holding(s) in Company

Limited (LRE)

28/05/2010 Lancashire Holdings Notification of Major Interest in

Limited (LRE) Shares

28/05/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

26/05/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

25/05/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

24/05/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

21/05/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

20/05/2010 Lancashire Holdings Holding(s) in Company

Limited (LRE)

20/05/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

19/05/2010 Lancashire Holdings Statement re S&P Rating Upgrades

Limited (LRE)

19/05/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

18/05/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

17/05/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

14/05/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

14/05/2010 Lancashire Holdings Notification of Major Interest in

Limited (LRE) Shares

13/05/2010 Lancashire Holdings Transaction In own shares

Limited (LRE)

12/05/2010 Lancashire Holdings Director/PDMR Shareholding

Limited (LRE) 12/05/2010 Lancashire Holdings Results of Intraday share repurchase Limited (LRE)

11/05/2010 Lancashire Holdings Intention to conduct intraday share

Limited (LRE) repurchase

11/05/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

10/05/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

07/05/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

06/05/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

05/05/2010 Lancashire Holdings Results of AGM

Limited (LRE)

05/05/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

05/05/2010 Lancashire Holdings 1stQuarter Results

Limited (LRE)

30/04/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

30/04/2010 Lancashire Holdings Total Voting Rights

Limited (LRE)

30/04/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

29/04/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

28/04/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

28/04/2010 Lancashire Holdings Directorate Change

Limited (LRE)

27/04/2010 Lancashire Holdings Transaction in own shares

Limtied (LRE)

26/04/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

26/04/2010 Lancashire Holdings US$200 Million Credit Facility

Limited (LRE)

23/04/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

22/04/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

20/04/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

19/04/2010 Lancashire Holdings Transaction in own shares

Limited (LRE)

16/04/2010 Lancashire Holdings Annual Information Update Limited (LRE)

Any related documents are available for inspection via the National Storage Mechanism at www.hemscott.com/nsm.do

The Company's Annual Report for the year ended 31 December 2010 can be found onthe Company's website www.lancashiregroup.com. Copies of all the documentsreferred to are also available for inspection at the Company's Bermuda officeat Power House, 7 Par-la-Ville Road, Hamilton HM 11, Bermuda during normalbusiness hours on week days.In accordance with Article 27 (3) of the Prospectus Directive Regulations, itis acknowledged that the information referred to in this Annual InformationUpdate was up to date at the time it was published but such disclosures may nowbe or may at any time become out of date.

For further information, please contact:

Lancashire Holdings Limited +44 (0)20 7264 4145 Christopher Head [email protected] Jonny Creagh-Coen +44 (0)20 7264 4066 [email protected] Haggie Financial +44 (0)20 7417 8989 Peter Rigby (Peter Rigby mobile 07803851426) About LancashireLancashire, through its UK and Bermuda-based insurance subsidiaries, is aglobal provider of specialty insurance products. The Group companies carry thefollowing ratings: Financial Long Term Issuer Outlook Strength Rating (2) Rating (1) A.M. Best A- BBB- Positive Standard & Poor's A- BBB Stable Moody's A3 Baa2 Stable

(1)Financial Strength Rating applies to Lancashire Insurance Company Limited and Lancashire Insurance Company (UK) Limited

(2) Long Term Issuer Rating applies to Lancashire Holdings Limited

Lancashire has capital in excess of $1 billion and its Common Shares trade onthe main market of the London Stock Exchange under the ticker symbol LRE.Lancashire is headquartered at Power House, 7 Par-la-Ville Road, Hamilton HM11, Bermuda. The mailing address is Lancashire Holdings Limited, P.O. Box HM2358, Hamilton HM HX, Bermuda. For more information on Lancashire, visit theCompany's website at www.lancashiregroup.com

Lancashire Insurance Company (UK) Limited is regulated by the Financial Services Authority in the UK.

Lancashire Marketing Services (Middle East) Limited is authorised and regulated by the Dubai Financial Services Authority.

Lancashire Insurance Company Limited is regulated by the Bermuda Monetary Authority in Bermuda.

NOTE REGARDING FORWARD-LOOKING STATEMENTS:

CERTAIN STATEMENTS AND INDICATIVE PROJECTIONS (WHICH MAY INCLUDE MODELED LOSSSCENARIOS) MADE THAT ARE NOT BASED ON CURRENT OR HISTORICAL FACTS AREFORWARD-LOOKING IN NATURE INCLUDING WITHOUT LIMITATION, STATEMENTS CONTAININGTHE WORDS 'BELIEVES', 'ANTICIPATES', 'PLANS', 'PROJECTS', 'FORECASTS','GUIDANCE', 'INTENDS', 'EXPECTS', 'ESTIMATES', 'PREDICTS', 'MAY', 'CAN','WILL', 'SEEKS', 'SHOULD', OR, IN EACH CASE, THEIR NEGATIVE OR COMPARABLETERMINOLOGY. ALL STATEMENTS OTHER THAN STATEMENTS OF HISTORICAL FACTSINCLUDING, WITHOUT LIMITATION, THOSE REGARDING THE GROUP'S FINANCIAL POSITION,RESULTS OF OPERATIONS, LIQUIDITY, PROSPECTS, GROWTH, CAPITAL MANAGEMENT PLANS,BUSINESS STRATEGY, PLANS AND OBJECTIVES OF MANAGEMENT FOR FUTURE OPERATIONS(INCLUDING DEVELOPMENT PLANS AND OBJECTIVES RELATING TO THE GROUP'S INSURANCEBUSINESS) ARE FORWARD-LOOKING STATEMENTS. SUCH FORWARD-LOOKING STATEMENTSINVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER IMPORTANT FACTORS THATCOULD CAUSE THE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE GROUP TO BEMATERIALLY DIFFERENT FROM FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSEDOR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS.THESE FACTORS INCLUDE, BUT ARE NOT LIMITED TO: THE NUMBER AND TYPE OF INSURANCEAND REINSURANCE CONTRACTS THAT WE WRITE; THE PREMIUM RATES AVAILABLE AT THETIME OF SUCH RENEWALS WITHIN OUR TARGETED BUSINESS LINES; THE LOW FREQUENCY OFLARGE EVENTS; UNUSUAL LOSS FREQUENCY; THE IMPACT THAT OUR FUTURE OPERATINGRESULTS, CAPITAL POSITION AND RATING AGENCY AND OTHER CONSIDERATIONS HAVE ONTHE EXECUTION OF ANY CAPITAL MANAGEMENT INITIATIVES; THE POSSIBILITY OF GREATERFREQUENCY OR SEVERITY OF CLAIMS AND LOSS ACTIVITY THAN OUR UNDERWRITING,RESERVING OR INVESTMENT PRACTICES HAVE ANTICIPATED; THE RELIABILITY OF, ANDCHANGES IN ASSUMPTIONS TO, CATASTROPHE PRICING, ACCUMULATION AND ESTIMATED LOSSMODELS; LOSS OF KEY PERSONNEL; A DECLINE IN OUR OPERATING SUBSIDIARIES' RATINGWITH RATING AGENCIES; INCREASED COMPETITION ON THE BASIS OF PRICING, CAPACITY,COVERAGE TERMS OR OTHER FACTORS; A CYCLICAL DOWNTURN OF THE INDUSTRY; THEIMPACT OF A DETERIORATING CREDIT ENVIRONMENT CREATED BY THE FINANCIAL MARKETS;A RATING DOWNGRADE OF, OR A MARKET DECLINE IN, SECURITIES IN OUR INVESTMENTPORTFOLIO; CHANGES IN GOVERNMENTAL REGULATIONS OR TAX LAWS IN JURISDICTIONSWHERE LANCASHIRE CONDUCTS BUSINESS; LANCASHIRE OR ITS BERMUDIAN SUBSIDIARYBECOMING SUBJECT TO INCOME TAXES IN THE UNITED STATES OR THE UNITED KINGDOM;AND THE EFFECTIVENESS OF OUR LOSS LIMITATION METHODS. ANY ESTIMATES RELATING TOLOSS EVENTS INVOLVE THE EXERCISE OF CONSIDERABLE JUDGEMENT AND REFLECT ACOMBINATION OF GROUND-UP EVALUATIONS, INFORMATION AVAILABLE TO DATE FROMBROKERS AND INSUREDS, MARKET INTELLIGENCE, INITIAL AND/OR TENTATIVE LOSSREPORTS AND OTHER SOURCES. JUDGEMENTS IN RELATION TO LOSS ARISING FROM NATURALCATASTROPHE AND MAN MADE EVENTS INVOLVE COMPLEX FACTORS POTENTIALLYCONTRIBUTING TO THESE TYPES OF LOSS, AND WE CAUTION AS TO THE PRELIMINARYNATURE OF THE INFORMATION USED TO PREPARE ANY SUCH ESTIMATES.THESE FORWARD-LOOKING STATEMENTS SPEAK ONLY AS AT THE DATE OF PUBLICATION.LANCASHIRE HOLDINGS LIMITED EXPRESSLY DISCLAIMS ANY OBLIGATION OR UNDERTAKING(SAVE AS REQUIRED TO COMPLY WITH ANY LEGAL OR REGULATORY OBLIGATIONS (INCLUDINGTHE RULES OF THE LONDON STOCK EXCHANGE)) TO DISSEMINATE ANY UPDATES ORREVISIONS TO ANY FORWARD-LOOKING STATEMENTS TO REFLECT ANY CHANGES IN THEGROUP'S EXPECTATIONS OR CIRCUMSTANCES ON WHICH ANY SUCH STATEMENT IS BASED.

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