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Hardy Underwriting (HDU)

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Monday 29 April, 2002

Hardy Underwriting

Holding(s) in Company

Hardy Underwriting Group PLC
29 April 2002

Hardy Underwriting Group plc ('the Company')

The company has been informed by a letter dated 26 April
2002 from The Independent Investment Trust PLC
('Independent') that following a purchase of 50,000
shares on 26 April 2002, Independent holds 900,000
ordinary shares in the Company which represents 5.00% of
the issued share capital.

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