Director's Interests

Hiscox PLC
1 July 2002


FOR IMMEDIATE RELEASE     1 July 2002


                     HISCOX PLC ('HISCOX' OR THE 'COMPANY')

                              Director's Interests

The Company was informed on 28 June 2002 that, following the purchase of 475,000
ordinary 5p shares in the Company at a price of 147.0p on 26 June 2002, Robert
Hiscox now has a beneficial interest in 8,328,546 shares, representing 4.3 per
cent. of the Company's issued ordinary share capital.

Robert Hiscox's non-beneficial interest of 745,311 ordinary shares, representing
0.4 per cent. of the Company, remains unchanged.


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