BFD Benfield Group

RNS Number:4512A
Benfield Group Limited
05 July 2004




        Benfield Sells Its 50% Holding In Benfield Sports International


5 July 2004, London, UK.  Benfield Group Limited, the world's leading
independent reinsurance intermediary, has today announced the sale of its 50%
holding in Benfield Sports International, a sports marketing consultancy.
Benfield's holding has been sold to BSI Marketing Limited, a company established
by BSI's management.  The sale price was not disclosed.


BSI has net assets of #1.6m.


Grahame Chilton, CEO of Benfield commented, "Benfield has enjoyed much success
with BSI over the last seven years.  Our decision to sell our holding in BSI is
in line with our policy of focusing activities on core reinsurance operations.
BSI has grown every year since its inception and owns a number of world class
properties including the FIM Speedway Grand Prix Series (SGP) and the FIM
Speedway World Cup (SWC).  We wish the team every success for the future, as
they embark on the next chapter in their development."


                                     -ENDS-


For further information, please contact:



Benfield
David Bogg (media/investors)  +44 (0) 20 7522 4016  david.bogg@benfieldgroup.com


Fiona Gibson/Peter Rigby (media)
Haggie Financial               +44 (0) 20 7417 8989  fiona.gibson@haggie.co.uk

BSI

Sarah Street (media)           +44 (0) 20 7578 7420 sarah@benfieldsports.com


Notes to Editors:


Benfield is the world's leading independent reinsurance intermediary and risk
advisory business.  Its customers include many 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


Benfield Sports International is a successful sports marketing consultancy that
focuses on maximising value for its clients, sponsors and rights holders.  As an
intermediary, BSI provides independent advice for clients on a full range of
sponsorship issues ranging from strategic relevance and contact negotiation to
sponsorship exploitation and maximising returns.  For further information visit:
www.benfieldsports.com






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