Holding(s) in Company

Hiscox PLC
04 September 2003

                                                                4 September 2003

                   NOTIFICATION OF INTERESTS IN SHARES UNDER
                     SECTION 198 OF THE COMPANIES ACT 1985

1. - Name of Company

Hiscox plc

2. - Name of Shareholder having a major interest

Legal & General Group Plc

3. - Please state whether notification indicates that it is in respect of
holding of the Shareholder named in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18

Notification is in respect of company named in 2 above

4. - Name of the registered holder(s) and, if more than one holder, the number
of shares held by each of them

HSBC Global Custody Nominee (UK) Ltd A/C 914945                106,514
HSBC Global Custody Nominee (UK) Ltd A/C 775245              1,376,311
HSBC Global Custody Nominee (UK) Ltd A/C 357206              6,608,202
HSBC Global Custody Nominee (UK) Ltd A/C 866203                397,843
HSBC Global Custody Nominee (UK) Ltd A/C 360509                294,072

5. - Number of shares / amount of stock acquired

225,000

6. - Percentage of issued class

Less than 1%

7. - Number of shares / amount of stock disposed

N/A

8. - Percentage of issued class

N/A

9. - Class of security

Ordinary Shares of 5p

10. - Date of Transaction

2 September 2003

11. - Date Company informed

3 September 2003

12. - Total holding following this notification

8,782,942

13. - Total percentage holding of issued class following this notification

3.02%

14. - Any additional information

15. - Name of contact and telephone number for queries

Stuart Bridges: 020 7448 6000

16. - Name and signature of authorised company official responsible for making
this notification

Stuart Bridges
Finance Director
Date of Notification: 4 September 2003




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