For filings with the FCA include the annex  
For filings with issuer exclude the annex  
 
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
   
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached: ii		  Admiral Group Plc - Admiral Group PLC (ADM LN)
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights X
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 to the
notification obligation: iii		 a) Shareholder: Münchener Rückversicherungs-AG ("Munich Re")

 

b) person acquiring: MR Beteiligungen 16. GmbH
4. Full name of shareholder(s)
 (if different from 3.):iv		  
5. Date of the transaction and date on
which the threshold is crossed or
reached: v		 14 March 2016
6. Date on which issuer notified: 14 March 2016
7. Threshold(s) that is/are crossed or
reached: vi, vii		 10 %
           
 
8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of
shares

if possible using
the ISIN CODE		 Situation previous
to the triggering
transaction		 Resulting situation after the triggering transaction
Number
of
Shares		 Number
of
Voting
Rights		 Number
of shares		 Number of voting
rights		 % of  voting rights x
Direct Direct xi Indirect xii Direct Indirect
GB00B02J6398 28,599,400 28,599,400 28,599,400 28,599,400   10.2  
 
 
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrument		 Expiration
date xiii		 Exercise/
Conversion Period xiv		 Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.		 % of voting
rights
         
 
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial
instrument		 Exercise price Expiration date xvii Exercise/
Conversion period xviii		 Number of voting rights instrument refers to

 		 % of voting rights xix, xx

 
         

 		 Nominal Delta
   
 
Total (A+B+C)
Number of voting rights Percentage of voting rights
28,599,400 10.2
                                 
 
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
MR-Beteiligungen16. GmbH (Munich) is a 100% subsidiary of Munich Reinsurance Company
(Munich)
 
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:  
     
 
Note: Annex should only be submitted to the FCA not the issuer
Annex: Notification of major interests in sharesxxii
 
A: Identity of the persons or legal entity subject to the notification obligation
Full name
(including legal form of legal entities)

 		 MR Beteiligungen 16. GmbH
Frank Weisshaupt, Director
Contact address
(registered office for legal entities)

 		 Königin Str. 107, 80802 München
Phone number & email

 		 fweisshaupt@munichre.com
+49 (89) 3891-8860

 
Other useful information
(at least legal representative for legal persons)

 		  
   
B: Identity of the notifier, if applicable
Full name

 		  
Contact address

 		  
Phone number & email

 		  
Other useful information
(e.g. functional relationship with the person or legal entity subject to the notification obligation)		  
 
C: Additional information
 
For notes on how to complete form TR-1 please see the FCA website.