Holding(s) in Company

20th February 2009

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

JP Morgan Asset Management Holdings Inc.

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

JP Morgan Investment Management Inc

320,407

JP Morgan Asset Management (UK) Limited

14,587,652

JP Morgan Chase Bank N.A.

71,165

5.

Number of shares/amount of stock acquired

Change to major shareholding reporting

6.

Percentage of issued class

N/A

7.

Number of shares/amount of stock disposed

Change to major shareholding reporting

8.

Percentage of issued class

N/A

9.

Class of security

Ordinary share of 5p

10. 

Date of transaction

N/A

11.

Date company informed

19th February 2009

12.

Total holding following the notification

14,979,224

13.

Total percentage holding of issued class following this notification

4.29%

14.

Any additional information

Position notified as at 19th February 2009

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