Disclosue of Interest in Share Capital

+-------------------------------------------------------------------+
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                    |
|-------------------------------------------------------------------|
|                                             |                     |
|---------------------------------------------+---------------------|
| 1. Identity of the issuer or the underlying |                     |
| issuer                                      |                     |
| of existing shares to which voting rights   |  Admiral Group Plc  |
| are                                         |                     |
| attached:                                   |                     |
|                                             |                     |
|-------------------------------------------------------------------|
| 2. Reason for the notification (please tick the appropriate box   |
| or boxes):                                                        |
|-------------------------------------------------------------------|
| An acquisition or disposal of voting rights           |    Yes    |
|-------------------------------------------------------+-----------|
|                                                       |           |
| An acquisition or disposal of qualifying financial    |           |
| instruments which may result in the acquisition of    |           |
| shares already issued to which voting rights are      |           |
| attached.                                             |           |
|                                                       |           |
|-------------------------------------------------------+-----------|
|                                                       |           |
| An acquisition or disposal of instruments with        |           |
| similar economic effect to qualifying financial       |           |
| instruments                                           |           |
|                                                       |           |
|-------------------------------------------------------+-----------|
| An event changing the breakdown of voting rights      |           |
|-------------------------------------------------------+-----------|
|                          |                            |           |
| Other (please specify):  |                            |           |
|                          |                            |           |
|-------------------------------------------------------------------|
| 3. Full name of person(s) subject  |  Legal & General Group Plc   |
| to the                             |            (L&G)             |
| notification obligation:           |                              |
|------------------------------------+------------------------------|
| 4. Full name of shareholder(s)     |             N/A              |
|  (if different from 3.):           |                              |
|------------------------------------+------------------------------|
|                                    |                              |
| 5. Date of the transaction and     |                              |
| date on                            |                              |
| which the threshold is crossed or  |       20 October 2009        |
| reached:                           |                              |
|                                    |                              |
|                                    |                              |
|------------------------------------+------------------------------|
| 6. Date on which issuer notified:  |       21 October 2009        |
|------------------------------------+------------------------------|
| 7. Threshold(s) that is/are        |                              |
| crossed or                         |        Below 3% (L&G)        |
| reached:                           |                              |
|                                    |                              |
+-------------------------------------------------------------------+
 
+-------------------------------------------------------------------------------------------------+
|8. Notified details:                                                                             |
|                                                                                                 |
|-------------------------------------------------------------------------------------------------|
|A: Voting rights attached to shares                                                              |
|-------------------------------------------------------------------------------------------------|
|Class/type of |     Situation previous      |Resulting situation after the triggering transaction|
|shares        |      to the triggering      |                                                    |
|if possible   |         transaction         |                                                    |
|using         |-----------------------------+----------------------------------------------------|
|the ISIN CODE |     Number      |  Number   |           | Number of voting | % of  voting rights |
|              |       of        |    of     |  Number   |      rights      |                     |
|              |     Shares      |  Voting   | of shares |------------------+---------------------|
|              |                 |  Rights   |           | Direct |Indirect |   Direct   |Indirect|
|--------------+-----------------+-----------+----------------------------------------------------|
|ORD           |                 |           |                                                    |
|              |    7,960,924    | 7,960,924 |                      Below 3%                      |
|GBP 0.10      |                 |           |                                                    |
|-------------------------------------------------------------------------------------------------|
|                                                                                                 |
|-------------------------------------------------------------------------------------------------|
|B: Qualifying Financial Instruments                                                              |
|-------------------------------------------------------------------------------------------------|
|Resulting situation after the triggering transaction                                             |
|-------------------------------------------------------------------------------------------------|
|                       |              |                      |Number of voting      |            |
|Type of financial      |Expiration    |Exercise/             |rights that may be    |% of voting |
|instrument             |date          |Conversion Period     |acquired if the       |rights      |
|                       |              |                      |instrument is         |            |
|                       |              |                      |exercised/ converted. |            |
|-----------------------+--------------+----------------------+----------------------+------------|
|                       |              |                      |                      |            |
|-------------------------------------------------------------------------------------------------|
|                                                                                                 |
|-------------------------------------------------------------------------------------------------|
|C: Financial Instruments with similar economic effect to Qualifying Financial Instruments        |
|-------------------------------------------------------------------------------------------------|
|Resulting situation after the triggering transaction                                             |
|-------------------------------------------------------------------------------------------------|
|               |                |          |            |                      |                 |
|Type         of|Exercise price  |Expiration|Exercise/   |Number    of    voting|%    of    voting|
|financial      |                |date      |Conversion  |rights      instrument|rights           |
|instrument     |                |          |period      |refers to             |                 |
|               |                |          |            |                      |                 |
|---------------+----------------+----------+------------+----------------------+-----------------|
|               |                |          |            |                      | Nominal  |Delta |
|               |                |          |            |                      |----------+------|
|               |                |          |            |                      |          |      |
|-------------------------------------------------------------------------------------------------|
|                                                                                                 |
|-------------------------------------------------------------------------------------------------|
|Total (A+B+C)                                                                                    |
|-------------------------------------------------------------------------------------------------|
|Number of voting rights                            |Percentage of voting rights                  |
|-------------------------------------------------------------------------------------------------|
|                                                                                                 |
|                                            Below 3%                                             |
|                                                                                                 |
+-------------------------------------------------------------------------------------------------+
 
+-------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting      |
| rights and/or the                                                 |
| financial instruments are effectively held, if applicable:        |
|-------------------------------------------------------------------|
|                                                                   |
|                                                                   |
| +---------------------------------------------------------------+ |
| | Legal & General Group Plc (Direct and Indirect) |             | |
| | (Group)                                         |             | |
| |-------------------------------------------------+-------------| |
| | Legal & General Investment Management           |             | |
| | (Holdings) Limited (LGIMH) (Direct and          |             | |
| | Indirect)                                       |             | |
| |-------------------------------------------------+-------------| |
| | Legal & General Investment Management Limited   |             | |
| | (Indirect) (LGIM)                               |             | |
| |---------------------------------------------------------------| |
| |  Legal & General Group Plc (Direct) (L&G) (Below 3% = LGAS,   | |
| |                          LGPL & PMC)                          | |
| |---------------------------------------------------------------| |
| | Legal & General Investment     | Legal & General Insurance    | |
| | Management (Holdings) Limited  | Holdings Limited (Direct)    | |
| | (Direct) (LGIMHD)              | (LGIH)                       | |
| |--------------------------------+------------------------------| |
| | Legal & General Assurance      | Legal & General Assurance    | |
| | (Pensions Management) Limited  | Society Limited  (LGAS &     | |
| | (PMC)                          | LGPL)                        | |
| |--------------------------------+------------------------------| |
| |                                | Legal & General Pensions     | |
| |                                | Limited (Direct)  (LGPL)     | |
| +---------------------------------------------------------------+ |
|-------------------------------------------------------------------|
|                                                                   |
|-------------------------------------------------------------------|
| Proxy Voting:                                                     |
|-------------------------------------------------------------------|
| 10. Name of the proxy holder:                  |       N/A        |
|------------------------------------------------+------------------|
| 11. Number of voting rights proxy holder will  |       N/A        |
| cease                                          |                  |
| to hold:                                       |                  |
|------------------------------------------------+------------------|
| 12. Date on which proxy holder will cease to   |       N/A        |
| hold                                           |                  |
| voting rights:                                 |                  |
|-------------------------------------------------------------------|
|                                                                   |
|-------------------------------------------------------------------|
| 13. Additional information: | Notification using the total voting |
|                             |    rights figure of 266,477,291     |
|                             |                                     |
|-----------------------------+-------------------------------------|
| 14. Contact name:           |         Helen Lewis (LGIM)          |
|-----------------------------+-------------------------------------|
| 15. Contact telephone       |            020 3124 3851            |
| number:                     |                                     |
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This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.