Holding(s) in Company

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

RSA Insurance Group plc

1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)

Non-UK issuer

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments

An event changing the breakdown of voting rights

Other (please specify)iii:

3. Details of person subject to the notification obligationiv

Name

JPMorgan Chase & Co.

City and country of registered office (if applicable)

Wilmington, Delaware, USA

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

Name

J.P. Morgan Securities Plc

City and country of registered office (if applicable)

London, United Kingdom

5. Date on which the threshold was crossed or reachedvi:

14 March 2018

6. Date on which issuer notified (DD/MM/YYYY):

16 March 2018

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

0.54%

4.48%

5.01%

1,023,826,318

Position of previous notification (if

applicable)

Below Minimum Threshold

Below Minimum Threshold

Below Minimum Threshold

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type ofshares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

GB00BKKMKR23

5,490,198

0.54%

SUBTOTAL 8. A

5,490,198

0.54%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expirationdatex

Exercise/Conversion Periodxi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

Right of Recall

3,239

0.00%

SUBTOTAL 8. B 1

3,239

0.00%

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expirationdatex

Exercise/Conversion Period xi

Physical or cash

settlementxii

Number of voting rights

% of voting rights

Cash-settled Call Option

05/04/2018

05/04/2018

Cash

196,306

0.02%

Cash-settled Equity Swap

26/03/2018

Cash

4,108,937

0.40%

Cash-settled Equity Swap

03/04/2018

Cash

5,331,125

0.52%

Cash-settled Equity Swap

10/04/2018

Cash

3,000,000

0.29%

Cash-settled Equity Swap

10/04/2018

Cash

657,729

0.06%

Cash-settled Equity Swap

23/04/2018

Cash

500,000

0.05%

Cash-settled Equity Swap

09/05/2018

Cash

1,890,000

0.18%

Cash-settled Equity Swap

18/05/2018

Cash

440,000

0.04%

Cash-settled Equity Swap

23/05/2018

Cash

3,076,314

0.30%

Cash-settled Equity Swap

23/05/2018

Cash

740,000

0.07%

Cash-settled Equity Swap

23/05/2018

Cash

1,350,000

0.13%

Cash-settled Equity Swap

23/05/2018

Cash

800,000

0.08%

Cash-settled Equity Swap

08/08/2018

Cash

483,330

0.05%

Cash-settled Equity Swap

08/08/2018

Cash

872,927

0.09%

Cash-settled Equity Swap

09/08/2018

Cash

883,256

0.09%

Cash-settled Equity Swap

09/08/2018

Cash

646,442

0.06%

Cash-settled Equity Swap

29/08/2018

Cash

3,600,000

0.35%

Cash-settled Equity Swap

29/08/2018

Cash

2,750,000

0.27%

Cash-settled Equity Swap

11/09/2018

Cash

4,536,328

0.44%

Cash-settled Equity Swap

07/11/2018

Cash

842,000

0.08%

Cash-settled Equity Swap

07/11/2018

Cash

3,000,000

0.29%

Cash-settled Equity Swap

03/12/2018

Cash

110,021

0.01%

Cash-settled Equity Swap

11/12/2018

Cash

2,000,000

0.20%

Cash-settled Equity Swap

14/12/2018

Cash

1,000,000

0.10%

Cash-settled Equity Swap

28/01/2019

Cash

114,706

0.01%

Cash-settled Equity Swap

27/02/2019

Cash

189,242

0.02%

Cash-settled Equity Swap

08/03/2019

Cash

497

0.00%

Cash-settled Equity Swap

21/03/2019

Cash

5,952

0.00%

Cash-settled Equity Swap

25/03/2019

Cash

26,198

0.00%

Cash-settled Equity Swap

08/04/2019

Cash

3,830

0.00%

Cash-settled Equity Swap

09/04/2019

Cash

170

0.00%

Cash-settled Equity Swap

16/04/2019

Cash

17,276

0.00%

Cash-settled Equity Swap

30/04/2019

Cash

300,909

0.03%

Cash-settled Equity Swap

16/09/2019

Cash

82,000

0.01%

Cash-settled Equity Swap

03/02/2020

Cash

1,227

0.00%

Cash-settled Equity Swap

22/12/2020

Cash

81,564

0.01%

Cash-settled Equity Swap

14/01/2021

Cash

598,797

0.06%

Cash-settled Equity Swap

17/11/2022

Cash

1,426,118

0.14%

Cash-settled Equity Swap

08/02/2023

Cash

168,226

0.02%

SUBTOTAL 8.B.2

45,831,427

4.48%

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii

Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)

X

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

JPMorgan Chase & Co.

JPMorgan Chase Bank, National Association

J.P. Morgan International Finance Limited

J.P. Morgan Capital Holdings Limited

J.P. Morgan Securities plc

4.48%

5.01%

10. In case of proxy voting, please identify:

Name of the proxy holder

N/A

The number and % of voting rights held

N/A

The date until which the voting rights will be held

N/A

11. Additional informationxvi

Table 8A) Includes stock borrows of 5,252,721 (0.51%)

Chain of controlled undertakings:

JPMorgan Chase & Co.

JPMorgan Chase Bank, National Association (100%)

J.P. Morgan International Finance Limited (100%)

J.P. Morgan Capital Holdings Limited (100%)

J.P. Morgan Securities plc (100%)

Place of completion

London, United Kingdom

Date of completion

16 March 2018

12. Contact name:

Zillah Stone

Interim Deputy Group Company Secretary

13. Contact telephone number:

Direct : 020 7111 7330

LEI

549300HOGQ7E0TY86138