Director Shareholding

Hiscox PLC
1 October 2001



TO: CITY EDITORS                                         1st October, 2001

FOR IMMEDIATE RELEASE


                                  HISCOX PLC

                            Director Shareholding


The Board of Hiscox has been notified of the following acquisition of ordinary
shares of 5p each in Hiscox, which was made on 28 September 2001.

                     Shares      Price per        Holding following this
                   acquired          share             notification

Stephen Hall          5,000           100p          28,000         (0.03%)