Holding(s) in Company

6th Jul 2012 18:22

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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 HSBC Holdings plc notification obligation:iii HSBC Bank plc HSBC Global Asset Management (International) Limited HSBC Global Asset Management (UK) Limited 4. Full name of shareholder(s) HSBC Investment (if different from 3.):iv Management HSBC Private Bank (Suisse) SA HSBC Trust Company (UK) Limited The Bank of Bermuda Limited

5. Date of the transaction and date on which the threshold is crossed or 03rd July

2012 reached: v

6. Date on which issuer notified: 06th July

2012

7. Threshold(s) that is/are crossed or Below 3%

reached: vi, vii 8. Notified details:A: Voting rights attached to shares viii, ixClass/type of Situation previous Resulting situation after the triggeringshares to the triggering transaction transaction if possibleusingthe ISIN CODE Number Number Number Number of % of of of of shares voting voting rights x Shares Voting rights Rights Direct Direct xi Indirect Direct Indirect xii

BMG5361W1047 5,344,696 5,344,696 Below Below Below Below 3% Below 3%

Disclosure Disclosure Disclosure Threshold Threshold Threshold

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial Expiration Exercise/ Number of

voting % of votinginstrument date xiii Conversion Period xiv rights that may be rights 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 transactionType of Exercise Expiration Exercise/ Number of voting rights % of voting rightsfinancial price date xvii Conversion instrument refers to xix, xxinstrument period xviii Nominal Delta Total (A+B+C)Number of voting rights Percentage of voting rightsBelow Disclosure Threshold Below 3%

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

N/A Proxy Voting: 10. Name of the proxy holder: N/A

11. Number of voting rights proxy holder will cease

N/A to hold:

12. Date on which proxy holder will cease to hold

N/A voting rights: 13. Additional information: None 14. Contact name: Baljeet Gill

15. Contact telephone number: 0207 991

6555

XLON

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Related Shares:

Lancashire Holdings