RNS Number:5065H
Beazley Group PLC
14 February 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company

BEAZLEY GROUP PLC

2)   Name of shareholder having a major interest

Standard Life Group


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

Purchase by Standard Life Investments on behalf of Standard Life Group



4)   Name of the registered holder(s) and, if more than one holder, the
     number of shares held by each of them

Stanlife Nominees Limited     12,129,510


5)   Number of shares/amount of stock acquired

1,000,000

6)   Percentage of issued class

0.44%


7)   Number of shares/amount of stock disposed

N/A

8)   Percentage of issued class

N/A

9)   Class of security

Ordinary shares of 5p

10)  Date of transaction

13th February 2003


11)  Date company informed

14th February 2003

12)  Total holding following this notification

12,129,510


13)  Total percentage holding of issued class following this notification


5.29%


14)  Any additional information


N/A


15)  Name of contact and telephone number for queries

J P Gorman 020 7935 0027

16)  Name and signature of authorised company official responsible for
     making this notification


Jeremy P Gorman   Company Secretary
     Date of notification ..14th February 2003..





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