Holding(s) in Company

Hiscox PLC
28 October 2002



FOR IMMEDIATE RELEASE     28 October 2002




                                   HISCOX PLC

                               Holding in Company




Hiscox PLC ('Hiscox') was notified on 24 October 2002 on behalf of FMR Corp., of
82 Devonshire Street, Boston MA 02109 I'FMR') the parent company of Fidelity
Management and Research Company and on behalf of Fidelity International Limited
of PO Box HM 670, Hamilton HMCX, Bermuda ('FIL'), that FMR and FIL and various
direct and indirect subsidiaries, as non-beneficial owners, are interested in
27,300,209 ordinary shares of 5p each in the issued share capital of Hiscox,
representing 9.45 per cent. of the issued share capital. The disclosable
interests include interests held on behalf of various authorised unit trust
schemes, notwithstanding the exemption from reporting pursuant to section 209(1)
(h) of the Companies Act 1985.


The notice goes on to state that the notifiable interests included in the notice
also comprise the notifiable interest of Mr Edward C. Johnson 3d, a principal
shareholder in FMR and FIL.


Furthermore, the notice states that the notification of disclosable interests
constitutes separate notifications of interest in the Hiscox shares which have
been combined solely for the purposes of clarity and that the notice should not
be treated as indicating that FMR and FIL and their direct and indirect
subsidiaries and Mr Edward C. Johnson 3d act as a group or in concert in respect
of the disclosed interests or that they are required to submit a notification on
a joint basis.


The shares are registered in the following names:

3,000                     BBH
17,072,450                Chase Nominees Ltd
915,284                   Chase Nominees Ltd
49,300                    Deutsche Bank
71,400                    Mellon Nominees Ltd
121,600                   Bank of New York, Brussels
358,100                   Northern Trust
8,655,686                 HSBC Client Holdings Nominee (UK) Limited
53,389                    Chase Manhattan Bank London







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