Result of Scrip Dividend Alternative

Amlin Plc
                  

FOR IMMEDIATE RELEASE

AMLIN PLC ('Amlin')

RESULT OF SCRIP DIVIDEND ALTERNATIVE OFFER, APPLICATION FOR LISTING AND SHARE
CAPITAL UPDATE

The Scrip Dividend Alternative to Amlin's interim dividend for 2004 of 3p per
share was accepted in respect of 60,684,051 shares, representing approximately
15.4% of Amlin's issued share capital on the dividend record date of 17
September 2004. At the reference price of 150.25p per share, those electing for
the scrip dividend are entitled to the issue of a total of 1,211,615 new
ordinary shares of 25p each fully paid, ranking, when issued, pari passu in all
respects with Amlin's existing shares.

Application has been 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 from the Scrip Dividend Alternative will
commence on 1 November 2004.

Application has also been made to the UK Listing Authority for the block listing
of 1,394,592 Amlin plc Ordinary Shares of 25p each fully paid, ranking, when
issued, pari passu in all respects with the existing issued ordinary shares.
These shares will be allotted pursuant to the exercise of options under the
Amlin 1997 Executive Share Option Schemes (Approved & Unapproved) and the Amlin
1998 Savings Related Share Option Scheme as and when such options are exercised.

Following the issue of the Scrip Dividend Alternative shares, and recent
exercises of share options, the issued share capital of Amlin will be
394,637,520 ordinary shares of 25p each.

26 October 2005

Enquiries:

Charles Pender 020 7746 1008
Secretary
Amlin plc