Holding(s) in Company

Hiscox PLC
11 May 2004

11 May 2004
Hiscox plc
Holding(s) in Company

Hiscox Plc (the 'Company') was notified on 7 May, 2004 by Morgan Stanley
Securities ('MSSL') that on 5 May, 2004 MSSL disposed of its interest in some
shares in the Company with the result that MSSL, and the group companies which
are direct or indirect holding companies of MSSL, no longer hold a notifiable
interest in the shares in the Company in accordance with Section 198 of the
Companies Act 1985.




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