RNS Number:7948W
Axis-Shield PLC
11 January 2006


                    ANNOUNCEMENT TO THE OSLO STOCK EXCHANGE 
                         AND THE LONDON STOCK EXCHANGE

Axis-Shield plc has today received notification that, as at 6 January 2006,
Barclays PLC, through its various legal entities, has an interest in 1,873,574
ordinary shares in Axis-Shield plc, representing 3.86% 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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