RNS Number : 7083U
  Heritage Underwriting Agency PLC
  16 May 2008
   


    TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

    1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
    Heritage Underwriting Agency plc
    2. Reason for the notification (please state Yes/No):

    An acquisition or disposal of voting rights: ( NO )

    An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights
are attached: ( NO )

    An event changing the breakdown of voting rights: (YES )

    Other (please specify): ( NO )

    3. Full name of person(s) subject to the notification obligation (iii):
    AXA S.A, 25 Avenue Matignon, 75008 Paris and it's group of companies
    4. Full name of shareholder(s) (if different from 3.) (iv):
    N/A
    5. Date of the transaction (and date on which the threshold is crossed or  reached if different) (v):
    15 May 2008

    6. Date on which issuer notified:
    16 May 2008
    7. Threshold(s) that is/are crossed or reached:
    5%
    8. Notified details:
    Total

    A: Voting rights attached to shares

 Class/type of shares if               Situation previous to the Triggering transaction (vi)
 possible using the ISIN CODE
                                 Number of shares      Number of voting rights (viii)

 Ordinary shares of 10p each     10,064,274            10,064,274
 ISIN:GB00B18CPX20


    Resulting situation after the triggering transaction (vii)

 Class/type of shares if         Number of shares   Number of voting rights (ix)  % of voting rights
 possible using the ISIN CODE
                                 Direct             Direct (x)   Indirect (xi)    Direct   Indirect

 Ordinary shares of 10p each     0                  0            1,969,728        0        2.49
 ISIN:GB00B18CPX20

    B: Financial Instruments
    Resulting situation after the triggering transaction (xii)

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


    Total (A+B)
 Number of voting rights  % of voting rights

 1,969,728                2.49%

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

 Name of the Company/Fund        Number of Shares Held   Percentage of Issued Capital 
 Framlington onshore private     1,969,728               2.49%
 clients

 Total Direct                    0                       0
 Total Indirect                  1,969,728               2.49%
                                 1,969,728               2.49%


    Proxy Voting:

    10. Name of the proxy holder:
    *****..

    11. Number of voting rights proxy holder will cease to hold:
    *****..

    12. Date on which proxy holder will cease to hold voting rights:
    *****..

    13. Additional information:
    *****..

    14. Contact name:
    Belinda Rose, Company Secretary
    15. Contact telephone number:
    020 7712 7510





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