Change to Investment Strategy

Amlin PLC
29 November 1999


                  AMLIN PLC - CHANGE TO INVESTMENT STRATEGY

Following a review of investment strategy, Amlin plc, the leading independent
Lloyd's insurer, is changing the composition of its long-term investment
portfolio.  Approximately 50 percent of the portfolio will be held in stocks
so as to track the FTSE 350 index and approximately 50 percent will be held in
UK Treasury securities.

In realigning its investments Amlin realised £60 million of its FTSE 100
stocks when the FTSE 100 index was 6561.

In addition to its long term investment portfolio, which was valued at
approximately £220 million at 16 November 1999, Amlin has funds of £36
million, which are held in deposits and other short dated securities which
have been ear-marked for strategic purposes, including the purchase of
capacity on its managed syndicates and possible share buy-backs.

The Board of Amlin considers a more balanced investment portfolio to be
appropriate given the Company's desire to support, over the long term, a
growing insurance business.


Enquiries:

Charles Philipps, Amlin plc                                     0171 860 8222
David Haggie, Haggie Financial Ltd                              0171 417 8989