RNS Number:7274O
Maiden Group PLC
15 August 2003


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     THE MAIDEN GROUP PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     UBS GLOBAL ASSET MANAGEMENT LIFE LTD.

3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of 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

     IN RESPECT OF SHAREHOLDER NAMED IN 2 ABOVE

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

     PHILDREW NOMINEES LTD (A/C LF09)     43,800
     PHILDREW NOMINEES LTD (A/C LF20)  1,631,757

5)   Number of shares/amount of stock acquired.



6)   (N/A%) of issued Class


7)   Number of shares/amount of stock disposed



8)   (N/A%) of issued Class


9)   Class of security

     ORDINARY SHARES

10)  Date of transaction



11)  Date company informed

     15 AUGUST 2003

12)  Total holding following this notification

     1,675,557 SHARES
               
13)  Total percentage holding of issued class following this notification

     3.61%

14)  Any additional information



15)  Name of contact and telephone number for queries

     TIM SAVAGE 0207-838-4000

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification      15 AUGUST 2003



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            The company news service from the London Stock Exchange

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