Share Buyback

Beazley Group PLC
15 November 2007




Beazley Commences Share Buyback Programme


London, November 15, 2007  Beazley Group plc (BEZ.L) today announces that it
has, through its broker Numis Securities, commenced a rolling on-market share
buyback programme to repurchase up to 5% of the Company's issued share capital,
representing approximately £30m, using the authority given by shareholders at
the AGM held on 3 May 2007.


Any shares purchased will be held in treasury.


                                 --ENDS--



Enquiries:

Charlie Farquhar            Numis          [phone]

Simon Moyse/Amanda Lee      Finsbury       [phone]


Notes to Editors:

Beazley Group, plc (BEZ.L) based in London, is the parent company of global,
specialist insurance businesses with operations in the UK, US, France, Singapore
and Hong Kong. Beazley manages two Lloyd's syndicates (Syndicate 2623 and
Syndicate 623) with aggregate underwriting capacity in 2007 of £860m (US$1.7bn).
Both syndicates are rated A by A.M. Best. In the US, Beazley's underwriters
focus on writing specialist insurance products in the admitted market, backed by
Beazley Insurance Company, Inc., an admitted carrier in all 50 states; and
surplus lines risks, backed by the Beazley syndicates at Lloyd's. Beazley
Insurance Company is rated A by A.M. Best.


Beazley is a market leader in many of its chosen lines including professional
indemnity, commercial property, marine, reinsurance, and personal lines.


For more information please go to: www.beazley.com




                      This information is provided by RNS
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