TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:

Goshawk Insurance Holdings Plc

2. Reason for the notification                                        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                                                                       
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please specify):                                                        

3. Full name of person(s) subject to the notification obligation:  Funds under 
                                                                       the     
                                                                  discretionary
                                                                  management of
                                                                      Laxey    
                                                                    Partners   
                                                                     Limited   
                                                                               
4. Full name of shareholder(s) (if different from 3.):            Credit Suisse
                                                                     Client    
                                                                   Nominees UK 
                                                                   Limited and 
                                                                     Vidacos   
                                                                    Nominees   
                                                                     Limited   
                                                                               
5. Date of the transaction (and date on which the threshold is    18 July 2008 
crossed                                                                        
or reached if different):                                                      
                                                                               
6. Date on which issuer notified:                                 21 July 2008 
                                                                               
7. Threshold(s) that is/are crossed or reached:                     Under 5%   
                                                                               
8. Notified details:                                              27 March 2008

A: Voting rights attached to shares

 Class/type of  Situation previous to  Resulting situation after the triggering 
    shares         the Triggering                    transaction                
  if possible        transaction                                                
using the ISIN                                                                  
     CODE                                                                       
                                                                                
                  Number     Number    Number  Number of voting   % of voting   
                    of         of        of      rights (ix)         rights     
                  Shares     Voting    shares                                   
                             Rights                                             
                                                                                
                                       Direct  Direct  Indirect Direct  Indirect
                                                                                
 GB0003779195   46,518,233 46,518,233   Nil      Nil              0%            
                                                                                

B: Financial Instruments

Resulting situation after the triggering transaction

   Type of     Expiration       Exercise/        Number of voting       % of   
  financial       date          Conversion      rights that may be     voting  
 instrument                    Period/ Date       acquired if the      rights  
                                                    instrument                 
                                                   is exercised/               
                                                     converted                 
                                                                               

Total (A+B)                                                                    
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
Nil                                     0%                                     

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are
effectively held, if applicable:



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:                                                    
                                                                               
14. Contact name:                                                              
                                                                               
15. Contact telephone number:                                                  



END



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