23rd May 2012 16:41
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 Invesco Limited notification obligation:iii
4. Full name of shareholder(s)
(if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed or 21
May 2012 reached: v
6. Date on which issuer notified: 22
May 2012
7. Threshold(s) that is/are crossed or
5% 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 if possible of of of rights x using Shares Voting shares the ISIN Rights CODE Direct Direct xi Indirect xii Direct Indirect BMG5361W1047 7,896,000 7,896,000 8,096,000 5.00% Shares USD0.50
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 rights % of voting financial date xvii Conversion instrument refers to rights xix, xx instrument period xviii Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 8,096,000 5.00%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Invesco Canada Ltd - Invesco Advisers Inc. - 19,284 Invesco Advisers Inc. - 1,929,606 Invesco Asset Management Limited - 3,064,077 Invesco Fund Managers Limited - 2,194,712 Invesco Austria & Invesco Asset Management GmbH - 37,737 Invesco Asset Management GmbH (Germany) - 35,372 Invesco Asset Management GmbH & Invesco GT Management - 599,644 Invesco Kapitalanlagegesellschaft GmbH - 128,422 Invesco GT Management S.A Lux & Invesco Advisers Inc. - 82,704 Invesco PowerShares Capital Management LLC - 4,442
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: 13. Additional information: 14. Contact name: Samantha Edwards
15. Contact telephone number: 01491
416381
XLONRelated Shares:
Lancashire Holdings