TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer      Lancashire Holdings Limited
of existing shares to which voting rights are
attached: ii

2. Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights                                                  Yes

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

An acquisition or disposal of instruments with similar economic effect to                     No
qualifying financial instruments

An event changing the breakdown of voting rights                                              No

Other (please                                                                                 No
specify):

3. Full name of person(s) subject to the                          Invesco Limited
notification obligation: iii

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

5. Date of the transaction and date on                              01 June 2015
which the threshold is crossed or
reached: v

6. Date on which issuer notified:                                   02 June 2015

7. Threshold(s) that is/are crossed or                                  17%
reached: vi, vii




8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of      Situation previous           Resulting situation after the triggering transaction
shares             to the triggering
                   transaction
if possible using
the ISIN CODE      Number        Number         Number     Number of voting       % of  voting rights x
                   of            of             of shares  rights
                   Shares        Voting
                                 Rights         Direct     Direct   Indirect xii  Direct   Indirect
                                                           xi

                   33,260,077    33,260,077                         33,692,871             17.01 %

BMG5361W1047

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial       Expiration   Exercise/                Number of voting        % of voting
instrument              date xiii    Conversion Period xiv    rights that may be      rights
                                                              acquired if the
                                                              instrument is
                                                              exercised/ converted.

C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial Exercise     Expiration   Exercise/     Number of voting rights   % of voting rights
instrument        price        date xvii    Conversion    instrument refers to      xix, xx
                                            period xviii

                                                                                    Nominal     Delta

Total (A+B+C)

Number of voting rights                              Percentage of voting rights

33,692,871                                           17.01%




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


Invesco Advisers Inc.  2,489,353
Invesco Asset Management Limited -   31,140,753
Invesco PowerShares Capital Management LLC -  17,539
Invesco Global Asset Management Ltd - 696
Invesco Management S.A - 44,530

Proxy Voting:

10. Name of the proxy holder:                                               Invesco (UK) Ltd

11. Number of voting rights proxy holder will cease                                      N/A
to hold:

12. Date on which proxy holder will cease to hold                                        N/A
voting rights:


13. Additional information:

14. Contact name:                                             Daniel Banayo

15. Contact telephone number:                                 01491 416 381