Holding(s) in Company

Hiscox PLC
10 October 2002




FOR IMMEDIATE RELEASE     10 October 2002




                                   HISCOX PLC

                     Notification of Significant Interests


Hiscox PLC ('Hiscox') has been notified by a notice in writing dated 4 October
2002 on behalf of FMR Corp., of 82 Devonshire Street, Boston MA 02109 ('FMR')
the parent company of Fidelity Management and Research Company and of Fidelity
International Limited of PO Box HM 670, Hamilton HMCX, Bermuda ('FIL'), that FMR
and FIL and various direct and indirect subsidiaries, as non-beneficial owners,
are interested in 9,938,353 ordinary shares of 5p each in the issued share
capital of Hiscox, representing 5.16 per cent. of the issued share capital. The
disclosable interests include interests held on behalf of various pensions and
trust accounts, notwithstanding the exemption from reporting pursuant to section
209(1) (h) of the Companies Act 1985.


The notice goes on to state that the notifiable interests included in the notice
also comprise the notifiable interest of Mr. Edward C. Johnson 3d, a principal
shareholder in FMR and FIL.


Furthermore, the notice states that the notification of disclosable interests
constitutes separate notifications of interest in the Hiscox shares which have
been combined solely for the purposes of clarity and that the notice should not
be treated as indicating that FMR and FIL and their direct and indirect
subsidiaries and Mr. Edward C. Johnson 3d act as a group or in concert in
respect of the disclosed interests or that they are required to submit a
notification on a joint basis.


The shares are registered in the following names:

3,000                    BBH
5,000                    Mellon Bank
9,545,953                Chase Nominees
26,400                   Deutsche Bank
71,400                   Mellon Nominees
69,900                   Bank of New York, Brussels
216,700                  Northern Trust



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