RNS Number:0180K
Highway Insurance Holdings PLC
14 April 2003

HOLDING IN COMPANY



1.         Name of Company:



HIGHWAY INSURANCE HOLDINGS PLC



2.         Name of Shareholder having a major interest:



UBS GLOBAL ASSET MANAGEMENT LIFE LTD

UBS GLOBAL ASSET MANAGEMENT HOLDING (NO.2) 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:



SHAREHOLDERS 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 LIMITED A/C LF09                                  475,682
PHILDREW NOMINEES LIMITED A/C LF20                                7,585,736



5.            Number of shares / amount of stock acquired:



N/A



6.            Percentage of issued class:



N/A



7.            Number of shares / amount of stock disposed:



N/A



8.            Percentage of issued class:



N/A



9.         Class of security:



ORDINARY SHARES OF 20P EACH.



10.       Date of transaction:



N/A







11.       Date company informed:



14 APRIL 2003.



12.       Total holding following this notification:



8,061,418



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



3.998%



14.       Any additional information:



N/A



15.       Name of contact and telephone number for queries:



P J LAMPSHIRE, 01277 266308



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



P J LAMPSHIRE, COMPANY SECRETARY


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