Increase in Debt Facility

Amlin PLC
1 November 2002


PRESS RELEASE
For Immediate Release
1 November 2002


AMLIN INCREASES DEBT FACILITY

Amlin is pleased to announce the renewal and extension of its debt facilities to
support its underwriting plans for 2003.

State Farm will continue to provide support through its letter of credit
facility of $130 million.

In addition Amlin has renewed and extended its bank facilities which also
provide letters of credit to support its underwriting activities.  These
facilities have been increased from £39 million to £60 million, and are
available for the next two underwriting years.

The banking facilities were arranged by Lloyds TSB Capital Markets (acting also
as Agent) and provided by Barclays Bank plc, Commerzbank AG and Lloyds TSB Bank
Plc



Enquiries:

Richard Hextall, Amlin plc                                         0207 746 1000
David Haggie, Haggie Financial Limited                             0207 417 8989




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