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 22 October 2002 that Legal & General
Investment Management Limited is interested in 8,381,975 ordinary shares of 5p
each in the issued share capital of Hiscox, representing 4.34 per cent. of the
issued share capital.

The shares are registered in the following names:

1,289,955               HSBC Global Custody Nominee (UK) Ltd A/c 775245
234,558                 HSBC Global Custody Nominee (UK) Ltd A/c 360509
6,532,152               HSBC Global Custody Nominee (UK) Ltd A/c 357206
325,310                 HSBC Global Custody Nominee (UK) Ltd A/c 866203


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