RNS Number:2581F
Benfield Group Limited
15 November 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES
AVS NO



All relevant boxes should be completed in block capital letters.
1.    Name of company                               2.  Name of shareholder having a major interest



      Benfield Group                                    Fidelity International Limited




3.    Please state whether notification indicates   4.  Name of the registered holder(s) and, if more than
      that it is in respect of holding of the           one holder, the number of shares held by each of
      shareholder named in 2 above or in respect of     them
      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                                         J P Morgan - 10,581,588 shares



      Shareholder in 2 above






5.    Number of shares/    6.  Percentage of issued 7.  Number of shares/amount   8. Percentage of issued
      amount of stock          class                    of stock disposed            class
      acquired


                               0.41%                    Not Applicable               Not Applicable
      1,000,000





9. Class of security                              10.    Date of transaction     11.   Date company
                                                                                       informed


   Common Shares of 1 pence                              10 November 2004
                                                                                       12 November 2004





12.   Total holding following this notification     13.    Total percentage holding of issued class
                                                           following this notification


      10,581,588 shares
                                                           4.35%



14.   Any additional information                    15. Name of contact and telephone number for queries



                                                        Paul Waters - 020 7522 3806










16.   Name and signature of authorised company official

      responsible for making this notification



      Paul Waters




Date of notification  15 November 2004






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

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