(ADM) Admiral Group

Short Selling Disclosure

AQR Capital Management, LLC

¹ This form, or the information contained within it, should be disclosed via an RIS using the short code SSD.

² This form relates to the disclosure of short positions in compliance with the FSA’s Short Selling (NO2) Instrument and the related FAQ document on the FSA's website.

³ Specify the owner or controller of the interest. The naming of nominees or vehicle companies is insufficient. In the case of positions held by fund managers on behalf of discretionary clients, the clients need not be named. Positions may be aggregated in some cases. See FAQ document for further details.

⁴ Figure to be expressed as a percentage of issued share capital. Disclosable short position is defined in the Glossary of Definitions in the FSA Handbook. Positions must be disclosed on a net basis of all holdings. All financial instruments that represent a direct interest or direct economic interest in the relevant issuer must be included within such holdings.

Admiral Group plc
Extension of Reinsurance Arrangements for UK Car Insurance
3 February 2012

Admiral Group ("Admiral") today announces that it is extending its existing UK Car Insurance reinsurance partnerships with Hannover Re, Mapfre Re, New Re and Swiss Re into 2014.  The cost of these arrangements to Admiral is unchanged. 

The extended arrangements are in addition to the current co-insurance agreement with Munich Re (covering 40% of the UK business), which runs until at least the end of 2016.  Admiral has committed to retain at least 25% of the UK underwriting for the duration of this agreement, whilst the allocation of the balance is at Admiral's discretion.

Share of UK Car Insurance underwriting:

Commenting on the developments, Chief Executive Officer, Henry Engelhardt, said:  "We are happy to announce these extensions to our underwriting arrangements into 2014.  Reinsurance has been at the core of Admiral's successful business model since 2000 and we look forward to continuing our mutually beneficial relationships with our partners for many years to come."

For further information, please contact:

Admiral
Louise O'Shea        +44 (0) 2920 434 384

FTI Consulting
Tom Blackwell        +44 (0) 20 7269 7222
Ed Berry                  +44 (0) 20 7269 7297



ADMIRAL GROUP PLC

Notice of 2011 Preliminary Results

Admiral Group plc will be announcing its 2011 Preliminary Results on Wednesday 7 March 2012.

There will be an analyst presentation on the results at 9:00am on Wednesday 7 March 2012 at FTI Consulting, Holborn Gate, 26 Southampton Buildings, London, WC2A 1PB.

Those analysts wishing to attend are asked to contact Tom Blackwell at FTI on +44 20 7269 7222 or at tom.blackwell@fti.com

The presentation will be accessible via a conference call for those unable to attend in person. To register to participate in the conference call, please also contact Tom Blackwell.

A live web cast of the presentation will also be available on the Admiral website at www.admiralgroup.co.uk.

For further information, please contact:

Admiral

Louise O'Shea        +44 (0) 7791 443732

FTI Consulting

Tom Blackwell        +44 (0) 20 7269 7222

Ed Berry                +44 (0)207 269 7297