Further re Final Results

Admiral Group PLC
21 March 2005



Further re Admiral 2004 Results Statement



Further to the release this morning of RNS 9512J containing the results of
Admiral Group plc for the year ended 31 December 2004, Admiral announces that
note 22 to the announcement contained an error.  The figures for the 2004 claims
reserves carried forward in the 'analysis of movements in claims reserves' table
were incorrectly stated.



The corrected note is as follows:



22            Technical provisions and estimation techniques


                                                                  Gross     Reinsurance            Net


At 31 December 2004                                                £000            £000           £000

Claims outstanding                                              142,968          44,848         98,120
Unearned premiums                                                73,139          21,289         51,850

Total                                                           216,107          66,137        149,970


                                                                  Gross     Reinsurance            Net


At 31 December 2003                                                £000            £000           £000

Claims outstanding                                              115,169          39,620         75,549
Unearned premiums                                                59,660          17,046         42,614

Total                                                           174,829          56,666        118,163



Analysis of movements in claims reserves


                                                                  Gross     Reinsurance            Net


2004                                                               £000            £000           £000

Claims reserve brought forward                                  115,169          39,620         75,549
Provision movement - current year                                42,040          10,280         31,760
Releases of prior year reserves                                (14,241)         (5,052)        (9,189)

Claims reserve carried forward                                  142,968          44,848         98,120


                                                                  Gross     Reinsurance            Net


2003                                                               £000            £000           £000

Claims reserve brought forward                                  124,478          53,407         71,071
Provision movement - current year                                19,894           (673)         20,567
Releases of prior year reserves                                (29,203)        (13,114)       (16,089)

Claims reserve carried forward                                  115,169          39,620         75,549




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