HUA Heritage Und.

    RNS Number : 9979V
  Heritage Underwriting Agency PLC
  04 June 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: ( 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 (iii):
    Gartmore Investment Limited

    4. Full name of shareholder(s) (if different from 3.) (iv):
    See Schedule 1 below.

    5. Date of the transaction (and date on which the threshold is crossed or  reached if different) (v):
    30 May 2008

    6. Date on which issuer notified:
    4 June 2008

    7. Threshold(s) that is/are crossed or reached:
    Below 5%

    8. Notified details:

    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     7,761,198             7,761,198
 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     1,964565                        1,964,565                 2.35%
 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.


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

 1,964,565                2.35%

    9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable
(xv):
    *****..
    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:
    All Shares are held indirectly.
    All figures are based on the Company's issued share capital of 83,506,474
    14. Contact name:
    Belinda Rose, Company Secretary
    15. Contact telephone number:
    020 7712 7510

      Schedule 1

 Fund Managing Co.            Number of Shares      Issued Share Capital  Percentage of Issued  UK Registered Owner   Fund    Beneficial
Owner 
                              Held                                        Capital 
 Gartmore Investment Limited             1,964,565                                       2.35%  GOLDMAN SACHS         63285   THE GARTMORE
UK
                                                                                                NOMINEES LTD                  SMALL CAP BEST
IDEAS
                                                                                                                              FUND LIMITED
                                         1,964,565
                                                                                         2.35%





    For further information:

 Heritage Underwriting Agency plc             020 7712 7600
 Richard Pexton, Chief Executive 

 Haggie Financial                               02074178989

 David Haggie or ZoPocock
 KBC Peel Hunt, Nominated Adviser and Broker  020 7418 8900
 Guy Wiehahn or Oliver Stratton


    ABOUT HERITAGE UNDERWRITING AGENCY PLC

    Heritage is an established, specialist insurer based in London and underwriting through Lloyd's of London. Its business is focussed on
underwriting worldwide property and non-US liability risks. The worldwide property unit (Syndicate 1200) concentrates on underwriting
short-tail risks with an emphasis on commercial property. The non-US liability unit (Syndicate 3245, merged into Syndicate 1200 with effect
from 1st January 2008) underwrites non-US professional indemnity insurance and other liability classes. For 2008 Heritage manages total
premium capacity of �325m, of which �174m (54%) was capitalised by the Group. Heritage is part of Argo Group International Holdings, Ltd.,
an international speciality insurer and reinsurer.

    ABOUT ARGO GROUP INTERNATIONAL HOLDINGS, LTD.

    Headquartered in Hamilton, Bermuda, Argo Group International Holdings, Ltd. (Nasdaq GS: AGII) is an international underwriter of
specialty insurance and reinsurance products in the property and casualty market. Argo Group offers a full line of high-quality products and
services designed to meet the unique coverage and claims handling needs of businesses in four primary segments: Excess and Surplus Lines,
Commercial Specialty, International Specialty and London. Information on Argo Group and its subsidiaries is available at
www.argolimited.com.
    -

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