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:

Artemis Investment Management Limited

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

Artemis UK Special Situations

L&G (Barclays) MM Alpha Fund

L&G (Barclays) Series 2 MM Alpha Fund

Institutional Special Situations Fund

Barclays UK Alpha

Witan Investment Trust

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

26 September 2008

6. Date on which issuer notified:

29 September 2008

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

7%

8. Notified details:

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

Number of shares 

Number of voting rights 

% of voting rights

Direct

Indirect 

Direct

Indirect

BMG6765P1095

10,929,902

10,929,902

11,229,902

11,229,902

7.61%

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

11,229,902

7.61%

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:

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:

Alistair Fleming

15. Contact telephone number:

0131 718 0411