Holding(s) in Company

Hiscox PLC
01 May 2003


FOR IMMEDIATE RELEASE

1 May 2003

                                   HISCOX PLC

                             Holding(s) in Company


Hiscox plc ('Hiscox') has been notified on 29 April 2003 on behalf of Fidelity
International Limited ('FIL'), that FIL and various direct and indirect
subsidiaries, as non-beneficial holders, are interested in 25,950,421 ordinary
shares of 5p each in the issued share capital of Hiscox, representing 8.93 per
cent. of the issued share capital.


The shares are registered in the following names:

17,102,946                        Chase Nominees Limited
8,655,686                         HSBC Client Holdings Nominee (UK) Limited
161,789                           Chase Manhattan Bank London
30,000                            State Street Bank and Trust



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