Director Shareholding

Amlin PLC
22 October 2002

FOR IMMEDIATE RELEASE


                                  AMLIN plc


CHANGE IN EMPLOYEE SHARE OWNERSHIP TRUST HOLDING

On the 18 October 2002 each of the Executive Directors of Amlin plc technically
ceased to be interested in a total of 78,665 ordinary shares of 25p by virtue of
the Group's Employee Share Ownership Trust (ESOT) transferring such shares to an
employee on the exercise of share options.

The Executive Directors are Mr B D Carpenter, Mr R A Hextall, Mr A W Holt, Mr J
L Stace and Mr C E L Philipps.  The total number of Amlin plc shares that the
ESOT now holds is 6,095,275 (1.6% of the shares in issue).

Note: for Companies Act purposes, the Executive Directors of Amlin plc are
deemed to have a technical interest in the shares held by the ESOT.  The
interest ceases when shares are transferred to individuals who exercise their
options.

(Relevant Schedule 11 form attached)



Enquiries:

Harriet Charles

Assistant Company Secretary

020 7746 1005





                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS



1. Name of company


Amlin plc



2. Name of director


B D Carpenter, R A Hextall, A W Holt, J L Stace, C E L Philipps



3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest


Employee share ownership trust of which Shareholders named in 2 above are potential beneficiaries



4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)


Lloyds Bank (Branches) Nominees Ltd holds 4.8 million

Walbrook nominees (No 5) holds 1,295,275



5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)


Connected see 3 above and 23 below



6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary


Disposal through exercise of options



7. Number of shares / amount of stock acquired


N/A



8. Percentage of issued class


N/A



9. Number of shares/amount of stock disposed


78,665



10. Percentage of issued class


0.02 %



11. Class of security


Ordinary shares of 25p each



12. Price per share


Nominal



13. Date of transaction


18 October 2002



14. Date company informed


21 October 2002



15. Total holding following this notification


6,095,275



16. Total percentage holding of issued class following this notification


1.6%



If a director has been granted options by the company please complete the
following boxes.



17. Date of grant






18. Period during which or date on which exercisable






19. Total amount paid (if any) for grant of the option






20. Description of shares or debentures involved: class, number






21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise






22. Total number of shares or debentures over which options held following this
notification






23. Any additional information


Total holding is ESOT's total holding



24. Name of contact and telephone number for queries


Harriet Charles 020 7746 1005



25. Name and signature of authorised company official responsible for making
this notification


Charles Pender - Company Secretary



Date of Notification


22 October 2002




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