RNS Number : 8772I
  Benfield Group Limited
  25 November 2008
   



 TR-1: Notifications of Major Interests in Shares

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


 2. Reason for notification (yes/no)
                                                                             Yes
 An acquisition or disposal of voting rights

 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)       Artisan Partners
 subject to notification         Limited Partnership,
 obligation:                     Artisan Investment
                                 Corporation, ZFIC,
                                 Inc., Andrew A.
                                 Ziegler, Carlene M.
                                 Ziegler
                                 State Street Bank,
 4. Full name of shareholder(s)  Bank of New York,
 (if different from 3):          Mellon Trust, Brown
                                 Brothers Harriman,
                                 Northern Trust
                                 21 November 2008
 5. Date of transaction (and
 date on which the threshold is
 crossed or reached if
 different):
                                 24 November 2008
 6. Date on which issuer
 notified:
                                 Below 5%
 7. Threshold(s) that is/are
 crossed or reached:

 8: Notified Details
 A: Voting rights attached to shares

 Class/type of shares       Situation previous to the triggering        Resulting situation after the triggering transaction
 If possible use ISIN code  transaction
                            Number of shares      Number of voting      Number of shares  Number of voting       Percentage of voting
                                                  rights                                  rights                 rights

                                                                                          Direct  Indirect       Direct        Indirect
 BMG0985D1039               11,601,837            11,601,837            0                 0       0              0%            0%






 B: Financial Instruments

 Resulting situation after the triggering transaction

 Type of financial instrument  Expiration date  Exercise/ conversion  No. of voting rights  Percentage of voting
                                                period/date           that may be acquired  rights
                                                                      (if the instrument
                                                                      exercised/converted)



 Total (A+B)

 Number of voting rights  Percentage of voting rights
 0                        0%


 9. Chain of controlled undertakings through which the voting rights and /or
 the financial instruments are effectively held, if applicable:
 Artisan Partners Limited Partnership ("APLP"), a U.S. registered investment
 adviser, is a limited partnership organized under the laws of the State of
 Delaware on December 8, 1994. Control of APLP is vested in its general
 partner, Artisan Investment Corporation, a corporation organized under the
 laws of the State of Wisconsin on December 7, 1994. All of the outstanding
 stock of Artisan Investment Corporation is owned by ZFIC, Inc., a corporation
 organized under the laws of the State of Wisconsin. Andrew A. Ziegler and
 Carlene M. Ziegler each own 50% of the voting stock of ZFIC, Inc, APLP,
 pursuant to advisory contracts, has the power to purchase and sell securities
 on behalf of its clients and the power to vote for most clients. Persons
 other than APLP are entitled to receive all dividends from, and proceeds from
 the sale of, all of the securities reported hereunder.


 Artisan International Value Fund ("ARTIV"), is a series of Artisan Funds
 Inc., a U.S. registered investment company. Certain officers and a

 Proxy Voting:

 10. Name of proxy holder:                                         N/A

 11. Number of voting rights proxy holder will cease to hold:      N/A

 12. Date on which proxy holder will cease to hold voting rights:  N/A


 13. Additional information:

 14 Contact name:             Luke Thomas, Head of Secretariat 

                              020 7522 4044



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