29th May 2012 17:49
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer Lancashire Holdings of existing shares to which voting rights are Limited
attached:ii
2. Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights X
An acquisition or disposal of qualifying financial instruments which may result
in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments An event changing the breakdown of voting rights
Other (please specify): 3. Full name of person(s) subject to the Franklin Mutual Advisers, notification obligation:iii LLC Bank of NY London 4. Full name of shareholder(s) JPMorgan Chase Bank, N.A, (if different from 3.):iv London
5. Date of the transaction and date on which the threshold is crossed or 24 May 2012
reached: v
6. Date on which issuer notified: 25 May 2012 7. Threshold(s) that is/are crossed or 4%
reached: vi, vii 8. Notified details:
A: Voting rights attached to shares viii, ix Class/type Situation previous Resulting situation after the triggering transaction of to the triggering shares transaction Number Number Number Number of voting % of voting rights x
if possible of of of shares rights using Shares Voting the ISIN Rights Direct Direct xi Indirect Direct Indirect CODE xii Ordinary 6,267,837 6,267,837 6,189,160 3.83% BMG5361W1047
B: Qualifying Financial Instruments Resulting situation after the triggering transaction
Type of Expiration Exercise/ Number of voting % of voting financial date xiii Conversion Period xiv rights that may be rights instrument acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of Exercise price Expiration Exercise/ Number of voting % of voting rights financial date xvii Conversion rights instrument xix, xx instrument period xviii refers to Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 6,189,160 3.83%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Proxy Voting: 10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease
to hold:
12. Date on which proxy holder will cease to hold
voting rights: Amended notification due to updated calculation of common 13. Additional information: shares in issue. Lori A. Weber 14. Contact name: Assistant Secretary, Franklin Resources, Inc.
15. Contact telephone number: 954-847-2283
XLONRelated Shares:
Lancashire Holdings