Share Option Scheme

Hiscox Ltd
15 April 2008


HAMILTON, Bermuda; Hiscox Ltd allotted the following shares under the Hiscox
Unapproved Share Option Scheme ('Unapproved Options') and Hiscox Approved Share
Option Scheme ('Approved Options'):

Date                   Scheme    No. of Shares  Ex. Price

14 April 2008      Unapproved            9,847     £1.499
14 April 2008        Approved            3,033     £1.499
15 April 2008      Unapproved           28,199     £1.574
15 April 2008      Unapproved           56,322     £1.020
15 April 2008      Unapproved           33,839     £1.281
15 April 2008        Approved               76     £1.020


These shares will rank pari passu with the existing class of Ordinary 5p shares
in issue.

The issued share capital of Hiscox Ltd is now 390,585,618 Ordinary shares of 5p
each, excluding treasury shares.

                                   SECRETARY




                      This information is provided by RNS
            The company news service from the London Stock Exchange
    
MSCEASLSFAEPEFE