Share Allotment

Beazley Group PLC
06 July 2006



Share Allotment
                                                                     6 July 2006



On 3 July 2006 Beazley Group plc allotted 191,586 ordinary shares with an
exercise price of 73p under the Beazley Group Save as You Earn Scheme.

These shares will rank pari passu with the existing class of ordinary 5p shares
in issue.

The issued share capital of Beazley Group plc is now 360,810,642 ordinary shares
of 5p each.

                                    --ENDS--

For further information, please contact:

Beazley Group plc
Arthur Manners
T [phone]


Notes to Editors

Beazley Group, plc (BEZ.L), founded in 1986, is the parent company of specialist
insurance businesses with operations in the UK and the United States. Beazley
manages two Lloyd's syndicates (Syndicate 2623 and Syndicate 623) with aggregate
underwriting capacity in 2006 of £830m ($1.46bn). Both syndicates are rated A by
A.M. Best. The Beazley syndicates focus on specialist risk business in selected
markets, including professional indemnity, commercial property, marine,
reinsurance, and personal lines. Beazley is a market leader in many of its
chosen segments, such as professional indemnity insurance for US law firms and
for US architects and engineers. Beazley is quoted on the London Stock Exchange.

In the United States, Beazley's underwriters focus on writing specialist
insurance products in the admitted market, backed by Beazley Insurance Company,
Inc., a US admitted carrier in all 50 states; and surplus lines risks, backed by
the Beazley syndicates at Lloyd's. Beazley Insurance Company is rated A- by A.M.
Best.

Beazley's website address is: www.beazley.com



                      This information is provided by RNS
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