Holding(s) in Company

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Omega Insurance Holdings Limited

2. Reason for the notification   (please tick the appropriate box or boxes)

An acquisition or disposal of voting rights 

Y

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

N

An event changing the breakdown of voting rights

N

Other (please specify):___________________________________________

N

3. Full name of person(s) subject to the notification obligation:

Moore Macro Fund, LP

4. Full name of shareholder(s) (if different from 3.):

n/a

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

22 January 2009

6. Date on which issuer notified:

23 January 2009

7. Threshold(s) that is/are crossed or reached:

8% to 7%

8. Notified details:

8.89% to 7.87%

A: Voting rights attached to shares

Class/type of shares 

 if possible using the ISIN CODE

Situation previous to the Triggering transaction 

Resulting situation after the triggering transaction

Number of Shares 

Number of Voting Rights viii

Number of shares 

Number of voting rights ix

% of voting rights

Direct x

Indirect xi

Direct

Indirect

BMG6765P1095

13,131,686

13,131,686

11,635,362

11,635,362

n/a

7.87%

n/a

B: Financial Instruments

Resulting situation after the triggering transaction xii

Type of financial instrument 

Expiration date xiii

Exercise/ Conversion Period/ Date xiv 

Number of voting rights that may be acquired if the instrument is exercised/ converted. 

% of voting rights

Total (A+B)

Number of voting rights

% of voting rights

11,635,362

7.87%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable xv:

Proxy Voting:

10. Name of the proxy holder:

Institutional Shareholder Services (ISS)

11. Number of voting rights proxy holder will cease to hold:

n/a

12. Date on which proxy holder will cease to hold voting rights:

n/a

13. Additional information:

14. Contact name:

Tara O'Hagan

15. Contact telephone number:

+44 (0)20 7470 7478