RNS Number:7012U
Axis-Shield PLC
25 November 2005


                   ANNOUNCEMENT TO THE OSLO STOCK EXCHANGE 
                        AND THE LONDON STOCK EXCHANGE

Axis-Shield plc has today received notification that, as at 22 November 2005,
Barclays PLC, through its various legal entities, has an interest in 1,952,544
ordinary shares in Axis-Shield plc, representing 4.02% of Axis-Shield plc's
issued ordinary share capital.

This announcement requires to be made on the London Stock Exchange and is
repeated in Norway for Oslo Stock Exchange purposes in accordance with the
"equivalent information" rule (Rule DR 2.4 of the UK Listing Authority Rules).


                      This information is provided by RNS
            The company news service from the London Stock Exchange

END

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