Additional Listing

Hiscox PLC
14 February 2001


                                  HISCOX PLC                                  
                                  ('HISCOX')                                  

Hiscox has today granted 15,743 options over ordinary shares of 5p each
('Shares') at an exercise price of 190p per Share under the Hiscox plc Inland
Revenue Approved Share Option Scheme.

Hiscox has also granted 84,257 options over Shares at an exercise price of
190p per Share under the Hiscox plc Inland Revenue Unapproved Share Option
Scheme.

Hiscox has also allotted 2,759 Shares at a price of 106p each following the
exercise of options under the Sharesave Scheme.  These shares will rank pari
passu with the existing class of ordinary 5p shares in issue.