Directors' Dealings

HISCOX PLC
1 October 1999

                                    
The board of Hiscox Plc has been notified of the following purchases  by
directors of ordinary shares in the Company:

                                                        Total     issued share
                         Number of      Price      beneficial     capital held
               Date of      shares        per    shareholding   following this
Director      purchase    acquired   ordinary       including     announcement
                                        share           these
                                                    purchases
                                                                              
RRS Hiscox     30/9/99     100,000     147.5p       7,549,146            5.25%
                                                                              
S Bridges      30/9/99      10,000     147.5p          20,000            0.01%
                                                                              
R Jones III    30/9/99     100,000     147.5p         500,000            0.35%
                                                                              
IN Thomson     1/10/99      50,000     150.0p       8,490,260            5.90%