RNS Number:2983D
Highway Insurance Holdings PLC
19 May 2006



                      NOTIFICATION OF MAJOR INTERESTS IN SHARES



1.         Name of Company:



HIGHWAY INSURANCE HOLDINGS PLC



2.         Name of Shareholder having a major interest:



            UBS AG

            UBS GLOBAL ASSET MANAGEMENT LIFE LIMITED



3.         Please state whether notification indicates that it is in respect of
holding of the Shareholder named in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18:



NON-BENEFICIAL INTEREST



4.         Name of the legal entities / registered holder(s) and, if more than
one holder, the number of shares held by each of them:


UBS GLOBAL ASSET MANAGEMENT LIFE LIMITED                   7,885,754
UBS AG LONDON BRANCH                                          45,048
UBS AG (SWITZERLAND)                                       2,333,008


TOTAL                                                     10,263,810





5.         Number of shares / amount of stock acquired:



            NOT DISCLOSED



6.         Percentage of issued class:



-



7.         Number of shares / amount of stock disposed:



-



8.         Percentage of issued class:



-



9.         Class of security:



ORDINARY SHARES OF 20P EACH.



10.       Date of transaction:



NOT DISCLOSED



11.       Date company informed:



19 MAY 2006



12.       Total holding following this notification:



10,263,810



13.       Total percentage holding of issued class following this notification:



            5.02%



14.       Any additional information:





15.       Name of contact and telephone number for queries:



P J LAMPSHIRE, 01277 266308



16.              Name and signature of authorised company official responsible
for making this notification:



P J LAMPSHIRE, COMPANY SECRETARY


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

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