BFD Benfield Group

RNS Number:8891X
Benfield Group Limited
22 April 2004

Date:              22 April 2004

Issued by:         Benfield Group Limited

To:                London Stock Exchange


The Benfield Greig Group plc 1998 Employee Benefit Trust (the 'Trust')

The Company has been notified that, on 20 April 2004, Abacus Corporate Trustee
Limited, in their capacity as Trustees of the Trust, sold 652,786 Common 1p
shares of Benfield Group Limited (the 'Company') at a price of #2.61 per share,
to participants of the 2003 Benfield Performance Incentive Plan.

As potential beneficiaries of the Trust, the executive directors of the Company
are deemed to have a beneficial interest in the Trust's shares.

As at the close of business on 20 April 2004, the Trust held a total of
8,910,914 Common 1p shares of the Company, which represents 3.67% of the total
number of Common 1p shares of the Company currently in issue.


                                                                                                                       
/ends....


For further information, please contact:

Paul Waters                                 +44 (0) 20 7522 3806          Paul.waters@benfieldgroup.com
(Head of Company Secretariat)

David Bogg (Media)                          +44 (0) 20 7522 4016          david.bogg@benfieldgroup.com

Julianne Jessup (Analysts/Investors)        +44 (0) 20 7578 7425          julianne.jessup@benfieldgroup.com


Benfield is the world's leading independent reinsurance intermediary and risk advisory business.  Its customers include 
most of the world's major insurance and reinsurance companies as well as Government entities and global corporations.  
Benfield operates from more than 30 locations worldwide.  The company is listed on the London Stock Exchange under the 
ticker symbol BFD.
www.benfieldgroup.com



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