BFD Benfield Group

RNS Number:9705D
Benfield Group Limited
12 October 2004

Date:                12 October 2004


Issued by:           Benfield Group Limited


To:                  London Stock Exchange



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

Benfield Group Limited (the 'Company') has been notified that, on 11 October
2004, Abacus Corporate Trustee Limited, in their capacity as Trustees of the
Trust, sold 30,504 Common 1p shares in Company, at a price of #2.5758 per share,
to participants of the 2003 Benfield Performance Incentive Plan.


As potential beneficiaries of the Trust, the Benfield Group Limited directors
are deemed to have an interest in the Trust's shares.


As at the close of business on 11 October 2004, the Trust held a total of
8,879,989 Common 1p shares of the Company, which represents 3.651% 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
END

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