Result of Scrip Dividend Alternative Offer

Amlin Plc
                  

                          AMLIN PLC ('Amlin')

RESULT OF SCRIP DIVIDEND ALTERNATIVE OFFER AND APPLICATION FOR LISTING

The scrip dividend alternative offer to Amlin's final dividend of 5.0p per
share, made in a circular to shareholders dated 31 March 2004, was accepted in
respect of 101,879,192 shares, representing approximately 25.7% of the shares in
issue on the record date.

At the reference price of 165.92p per share, the relevant shareholders will be
entitled, subject to the approval of the dividend resolution at the Annual
General Meeting to be held on 18 May 2005, to the issue of a total of 3,070,054
new ordinary shares of 25p each fully paid, ranking, when issued, pari passu in
all respects with Amlin's existing ordinary shares.

Subject to the approval of the Annual General Meeting resolution, application
will be made to the UK Listing Authority and the London Stock Exchange for these
additional shares to be admitted to the Official List and to trading. It is
expected that such listing will become effective and that dealings in the
additional shares will commence on 24 May 2005.

17 May 2005

Enquiries:
Charles Pender 020 7746 1000
Secretary
Amlin plc