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Holding(s) in Company

31 Oct 2005 12:46

Highway Insurance Holdings PLC31 October 2005 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Name of Company: HIGHWAY INSURANCE HOLDINGS PLC 2. Name of Shareholder having a major interest: - NORTH ATLANTIC VALUE LLP - NORTH ATLANTIC SMALLER COMPANIES INVESTMENT TRUST PLC - ORYX INTERNATIONAL GROWTH FUND LIMITED - JOHCM ALTERNATIVE INVESTMENTS LLP 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: SHAREHOLDERS NAMED IN 2 ABOVE. 4. Name of the legal entities / registered holder(s) and, if more than one holder, the number of shares held by each of them: NORTH ATLANTIC VALUE LLP 5,983,285 NORTH ATLANTIC SMALLER COMPANIES INVESTMENT TRUST PLC 5,404,348 ORYX INTERNATIONAL GROWTH FUND LIMITED 1,104,125 JOHCM ALTERNATIVE INVESTMENTS LLP 3,203,516 TOTAL 15,695,274 5. Number of shares / amount of stock acquired: N/A 6. Percentage of issued class: - 7. Number of shares / amount of stock disposed: NOT DISCLOSED 8. Percentage of issued class: - 9. Class of security: ORDINARY SHARES OF 20P EACH. 10. Date of transaction: NOT DISCLOSED 11. Date company informed: 31 OCTOBER 2005 12. Total holding following this notification: 15,695,274 13. Total percentage holding of issued class following this notification: NORTH ATLANTIC VALUE LLP 2.94% NORTH ATLANTIC SMALLER COMPANIES INVESTMENT TRUST PLC 2.66% ORYX INTERNATIONAL GROWTH FUND LIMITED 0.54% JOHCM ALTERNATIVE INVESTMENTS LLP 1.58% TOTAL 7.72% 14. Any additional information: NORTH ATLANTIC VALUE LLP, NORTH ATLANTIC SMALLER COMPANIES INVESTMENT TRUST PLC, ORYX INTERNATIONAL GROWTH FUND LIMITED AND JOHCM ALTERNATIVE INVESTMENTS LLP ARE PARTIES TO AN AGREEMENT TO WHICH SECTION 204 OF THE COMPANIES ACT 1985 APPLIES. BY VIRTUE OF SECTIONS 204 AND 205 OF THE COMPANIES ACT 1985 EACH OF THOSE PARTIES IS DEEMED TO BE INTERESTED IN THE 15,695,274 SHARES REFERRED TO ABOVE, BEING 7.72% OF THE COMPANY'S ISSUED SHARE CAPITAL. 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

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