Director/PDMR Shareholding

RNS Number : 0003G

Hiscox Ltd

22 June 2012

Hiscox Ltd

(the 'Company')

Notification of transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and connected persons

Scrip Dividend alternative

Hamilton, Bermuda - The Company has been notified that the undernoted directors and their connected persons elected for the scrip dividend alternative to the cash dividend paid on 19 June 2012. The scrip dividend reference price was 409.98p per share. The scrip shares acquired by the directors and their connected persons are detailed below:

Director	Number of Shares acquired by Director	Number of shares acquired by connected persons
Robert Hiscox	122,603	Nil
Stuart Bridges	17,528	14,774
Robert Childs	61,041	Nil
Ernst Jansen	1,545	Nil