Holding(s) in Company

    RNS Number : 7890F
  Highway Insurance Group PLC
  14 October 2008
   
    TR-1: notification of major interests in shares 


   * Identity of the issuer or the underlying issuer of existing shares to which
                            voting rights are attached:
                            Highway Insurance Group Plc
                                          
 2. Reason for the notification   (please state Yes/No):                              
  
 An acquisition or disposal of voting rights: Yes
  
 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: No
  
 Other (please specify): No
 3. Full name of person(s) subject to the notification                    
 obligation:                                                              
 UBS Investment Bank                                                      
 4. Full name of shareholder(s) (if different from 3.):                   
 5. Date of the transaction (and date on which the threshold             
 is crossed or reached if different):                                    
 9 October 2008                                                          
 6. Date on which issuer notified:                                       
 13 October 2008                                                         
 7. Threshold(s) that is/are crossed or reached:                         
 Non-notifiable threshold                                                
                                                                         
                                                                         
                                                                          
 8. Notified details:
                                                                

 A: Voting rights attached to shares
 Class/type of shares           Situation previous to the Triggering        Resulting situation after the triggering transaction
  if possible using the ISIN    transaction 
 CODE
                                Number of Shares      Number of Voting      Number of shares      Number of voting rights                   
 % of voting rights
                                                      Rights 
                                                                             Direct               Direct                Indirect            
 Direct                Indirect
 Ordinary shares                7,240,734             7,240,734             Non-notifiable        Non-notifiable        Non-notifiable      
 Non-notifiable        Non-notifiable
                                                                            threshold             threshold             threshold           
 threshold             threshold
 GB 0006561137

 B: Financial Instruments
 Resulting situation after the triggering transaction 
 Type of financial instrument   Expiration date  Exercise/ Conversion  Number of voting      % of voting rights
                                                 Period/ Date          rights that may be
                                                                       acquired if the
                                                                       instrument is
                                                                       exercised/
                                                                       converted. 
               -                       -                  -                     -                    -

 Total (A+B)
 Number of voting rights   % of voting rights
 Non-notifiable threshold  Non-notifiable threshold

 9. Chain of controlled undertakings through which the voting rights and/or
 the financial instruments are effectively held, if applicable:
 N/A
 Proxy Voting:
 10. Name of the proxy holder: N/A
 11. Number of voting rights proxy holder will cease to hold: N/A
 12. Date on which proxy holder will cease to hold voting rights: N/A
 13. Additional information: N/A
 14. Contact name:  Cintia Goertz/Sarah Cottle
 15. Contact telephone number: 020 7568 4981



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