Sharesave Scheme

Hiscox PLC
09 August 2004

                                Sharesave Scheme

The board of Hiscox plc advises that on Friday 6 August, 2004 it allotted 1,587
shares of 5p each at an exercise price of £1.26 under the Sharesave Scheme.

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




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