Results of Placing

Results of Placing

Amlin Plc

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.

Amlin announces the results of placing

Amlin plc (LSE: AML. or AML.L) ('Amlin'), the leading Lloyd's insurer, is pleased to announce the successful completion of the placing which commenced this morning (the “Placing”). A total of GBP76,383,342 has been raised for the Company in the Placing through the placing of 23,502,567 new ordinary shares of 28.125 pence each in Amlin (the “Placing Shares”) by RBS Hoare Govett at a placing price of GBP3.25 per share.

The Placing Shares will, when issued, be credited as fully paid and will rank equally in all respects with the existing ordinary shares of the Company, including the right to receive all future dividends and other distributions declared, made or paid on or in respect of such shares after the date of issue of the Placing Shares.

Application has been made for, and the Placing is conditional on, inter alia, admission of the Placing Shares to listing on the Official List of the Financial Services Authority (the 'FSA') and admission of the Placing Shares to trading on the London Stock Exchange plc's main market for listed securities (together 'Admission'). It is expected that Admission will take place, and dealings in the Placing Shares will commence, at 8.00am on 8 June 2009.

Enquiries:			Â
Charles Philipps, Chief Executive Officer	Â	020 7746 1000
Richard Hextall, Finance Director		020 7746 1000
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Analysts and Investors
Julianne Jessup, Head of Investor Relations		020 7746 1961
Rob Bailhache, Financial Dynamics		020 7269 7200
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Media
Hannah Bale, Head of Communications		020 7746 1118
David Haggie, Haggie Financial LLP		020 7417 8989 / 077 6833 2486
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RBS Hoare Govett Limited
Bob Cowdell		020 7678 8000
John MacGowan		020 7678 8000

This announcement is for informational purposes only and shall not constitute an offer to buy, sell, issue, or acquire or the solicitation of an offer to buy, sell or issue, or acquire any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

This announcement and the information contained herein is not for publication, release or distribution, directly or indirectly, in or into the United States, Australia, Canada or Japan or in any jurisdiction in which such publication or distribution is unlawful.

The information in this announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The Placing Shares referred to in this announcement have not been and will not be registered under the US Securities Act of 1933, as amended (the “Securities Act”) and may not be offered, sold or transferred within the United States except pursuant to an exemption from, or as part of a transaction not subject to, the registration requirements of the Securities Act. There is no intention to register any portion of the offering in the United States and there will be no public offer of securities in the United States.

This announcement has been issued by and is the sole responsibility of Amlin. No representation or warranty, express or implied, is or will be made as to, or in relation to, and no responsibility or liability is or will be accepted by RBS Hoare Govett or any of its affiliates or agents as to or in relation to, the accuracy or completeness of this announcement or any other written or oral information made available to or publicly available ('Publicly Available Information') to any interested party or its advisers, and any liability therefore is expressly disclaimed.

RBS Hoare Govett Limited, which is authorised and regulated by the Financial Services Authority, is acting exclusively for Amlin plc and for no one else in connection with the Placing and will not be responsible to anyone other than Amlin plc for providing the protections afforded to the customers of RBS Hoare Govett or for providing advice in relation to the Placing or any transaction or arrangement referred to herein.

The price of shares and the income from them may go down as well as up and investors may not get back the full amount invested on disposal of the shares. Past performance is no guide to future performance and persons needing advice should consult an independent financial adviser.