Acquisition

Amlin PLC
11 June 2002

For immediate release
11 June 2002


  AMLIN ACQUIRES RENEWAL RIGHTS TO UK COMMERCIAL INSURANCE BUSINESS FROM AIOI
                                     EUROPE



Amlin plc ('Amlin') announces today that its managed Lloyd's syndicate,
Syndicate 2001, has acquired the renewal rights to approximately £18 million of
commercial insurance business currently written by the Provinces Division of
Aioi Insurance Company of Europe Limited ('Aioi Europe'), comprising commercial
property and casualty, motor fleet and motor trade insurance. The transfer
excludes policies associated with Toyota.


Brian Carpenter, a Director of Amlin and Divisional Underwriter of its Amlin
Insurance Services division, said:


'This acquisition helps to broaden our distribution and, in line with our
strategic plan, achieves a larger foothold in UK property insurance. It will
also add to our core commercial motor account.'


                                    - ENDS -

Enquiries:


Charles Philipps, Chief Executive, Amlin plc                  Tel: [phone]
David Haggie, Haggie Financial                                Tel: [phone]


Notes to Editors:

Amlin:

Amlin plc is the third largest, and largest independent, business operating in
the Lloyd's market and focuses its activities on Syndicate 2001, of which it
owns approximately 72% of the capacity.  Amlin Insurance Services ('AIS') is one
of Syndicate 2001's four divisions and is the division of which the renewal
rights acquired from Aioi will form part.  AIS specialises in UK commercial
insurance and is a recognised leader in UK commercial motor insurance.  The
division's premium income for 2002 is estimated at approximately £200 million.



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