Holding(s) in Company

Beazley Group plc

Schedule 10

Notification of Major Interests in Shares

1.

Name of company

Beazley Group plc

2.

Name of shareholder having a major interest

Barclays Global Investors

3.

Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18

As 2

4.

Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them

Barclays Global Investors Ltd 

Barclays Global Investors, N.A.

5.

Number of shares/amount of stock acquired

N/A

6.

Percentage of issued class

N/A

7.

Number of shares/amount of stock disposed

2,770,673

8.

Percentage of issued class

0.60%

9.

Class of security

Ordinary share of 5p

10. 

Date of transaction

30th October 2008

11.

Date company informed

2nd November 2008

12.

Total holding following the notification

14,743,428

13.

Total percentage holding of issued class following this notification

4.22%

14.

Any additional information

Position notified as at 3rd November 2008

15.

Name of contact and telephone number for queries

A R Manners 020 7667 0623

16.

Name and signature of authorized company official responsible for making this notification

Arthur Manners, Company Secretary

Date of notification - 5th November 2008