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Holding(s) in Company

6th Jun 2012 07:00

TR-1: Notifications of Major Interests in Shares

Lancashire Holdings Ltd. 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: 2. Reason for notification (yes/no) Yes An acquisition or disposal of voting rights

An acquisition or disposal of financial instruments which may result in No the acquisition of shares already issued to which voting rights are

attached No An event changing the breakdown of voting rights No Other (please specify):______________ William Blair & Company, LLC 3. Full name of person(s) subject to notification obligation: 4. Full name of shareholder(s) (if different from 3):

5. Date of transaction (and date on which the threshold is May 30, 2012 crossed or reached if different):

June 1, 2012 6. Date on which issuer notified: Falling below 5% threshold 7. Threshold(s) that is/are crossed or reached: 8: Notified Details A: Voting rights attached to shares

Class/type Situation previous to Resulting situation after the triggering of shares the triggering transaction

transaction If possible

use ISIN Number of Number of Number of Number of voting Percentage of code shares voting shares rights voting rights rights Direct Indirect Direct Indirect

BMG5361W1047 8,064,181 8,064,181 8,055,699 8,055,699 4.98%

B: Financial Instruments

Resulting situation after the triggering transaction Type of Expiration Exercise/ No. of voting rights that may Percentage financial date conversion be acquired (if the instrument of voting instrument period/date exercised/converted) rights N/A N/A N/A N/A N/A Total (A+B)

Number of voting rights Percentage of voting rights

8,055,699 4.98%

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

William Blair & Company, L.L.C., (William Blair) is an investment adviser registered under the U.S. Investment Advisers Act of 1940. As such, pursuant to advisory contracts, William Blair has the power to purchase and sell securities on behalf of its clients and the power to vote for most clients. Persons other than William Blair are entitled to receive all dividends from, and proceeds from the sale of all securities reported hereunder.

Proxy Voting:

10. Name of proxy holder: William Blair & Company, L.L.C. 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: Walter R. Randall, Jr.

15. Contact telephone name: +1 312 364 8720

XLON

Related Shares:

Lancashire Holdings
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