Lancashire Holdings Ltd - Management Appointment

Hamilton, Bermuda - 03 August, 2009 - Lancashire Holdings Limited ("Lancashire" or "the Company") (Ticker: LHL.BH) announced on 29 July, 2009, the appointment of Neil McConachie to the position of President of the Group. Neil will continue in his role as Group Chief Financial Officer.

Richard Brindle, the Group Chief Executive Officer, commented: "Neil has been with Lancashire since its founding in 2005 and this promotion is a very well-deserved reflection of Neil's dedication and growing leadership since then.  In addition to continuing as Chief Financial Officer, Neil will also co-ordinate the executive team. This will strengthen the Group's executive in Bermuda.

Reassignment to Neil of some of my responsibilities is a natural step in the Group's progression and allows key members of management to focus on delivering to their strengths with renewed vigour."

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About Lancashire

Lancashire, through its UK and Bermuda-based insurance subsidiaries, is a global provider of specialty insurance products. Its insurance subsidiaries carry the Lancashire group rating of A minus (Excellent) from A.M. Best with a stable outlook. Lancashire has capital in excess of $1 billion dollars and its Common Shares trade on the main market of the London Stock Exchange under the ticker symbol LRE. Lancashire is headquartered at Mintflower Place, 8 Par-La-Ville Road, Hamilton HM 08, Bermuda. The mailing address is Lancashire Holdings Limited, P.O. Box HM 2358, Hamilton HM HX, Bermuda. For more information on Lancashire, visit the company's website at www.lancashiregroup.com.