Directorate Change

Beazley Group PLC
24 April 2003

                                                                   24 April 2003


                               Beazley Group Plc

                                  Directorate


Beazley Group plc, ('Beazley'), today announces that Joe Sargent, 73, is to
step-down as non-executive Chairman of the Company at Beazley's Annual General
Meeting on 12th June 2003. He has been Chairman since 1993. He will remain a
non-executive Director of the Group.

Jonathan Agnew, who joined Beazley's Board as a non-executive Director in March
2002 will succeed Joe Sargent as Chairman at the AGM. Jonathan currently also
serves as Chairman of Nationwide Building Society. He was Chairman of Limit Plc
from 1993 to 2000, represented corporate capital on the Council of Lloyd's from
1995 to 1998 and was a member of the Lloyd's Market Board from 1995 to 1999. He
was Chairman of Gerrard Group plc from 1998 to 2000. Previously he had been a
managing director of Morgan Stanley and then chief executive of Kleinwort Benson
Group.

Commenting on his retirement as Chairman of Beazley, Joe Sargent said:

'I have had a delightful association with the group since 1993 during a period
of consistency in earnings and growth in business. I am looking forward to
remaining a non-executive director of the group, and it is with great pleasure
that I welcome Jonathan Agnew in taking the reins going forward.

I would like to take this opportunity to thank all of those at Beazley for their
continued hard work and passion. Beazley's reputation and skills look certain to
flourish and I look forward to the group's continued success.'

Andrew Beazley, Chief Executive of Beazley Group, added:

'Joe has offered a wealth of experience to Beazley over the last ten years and
we look forward to his continued contribution as non-executive director. I am
delighted that Jonathan has agreed to be Beazley's Chairman. His industry
experience and leadership skills make him the ideal candidate to continue to
lead Beazley through a time of great opportunity.'


For further information, please contact:

Beazley Group plc                       Tel: [phone]
Andrew Beazley
Arthur Manners
Nicholas Furlonge

Finsbury                                Tel: [phone]
Melanie Gerlis                          
Anthony Silverman







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