Holding(s) in Company

Hiscox Ltd
15 March 2007


Notification of major interests in shares


Hiscox Ltd announces that on 13 March 2007 it received the following notification
from Fidelity International Limited (FIL) pursuant to the Disclosure and Transparency Rules.

Robin Mehta, Company Secretary, Hiscox Ltd.
Tel. [phone]

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Identity of the issuer or the underlying issuer of existing shares to which

voting rights are attached:


Hiscox Ltd


2. Reason for the notification (please state Yes/No): ( )


An acquisition or disposal of voting rights: ( )

An acquisition or disposal of financial instruments which may result in the

acquisition of shares already issued to which voting rights are attached: ( )

An event changing the breakdown of voting rights: ( )

Other (please specify) : (X)


Revised due to DTR rules - see Section 13



3. Full name of person(s) subject to the notification obligation:


Fidelity International Limited (FIL)



4. Full name of shareholder(s) (if different from 3.):


Nominee                          Shares Held            Management Company

STATE STR BK AND TR CO LNDN (S   170,587                        FPM
STATE STR BK AND TR CO LNDN (S   127,785                        FIL
NORTHERN TRUST LONDON            815,099                        FPM
JP MORGAN, BOURNEMOUTH           470,506                        FPM
JP MORGAN, BOURNEMOUTH           8,547,467                      FISL
JP MORGAN, BOURNEMOUTH           9,694,303                      FIL
JP MORGAN, BOURNEMOUTH           761,894                        FII
HSBC BANK PLC                    443,383                        FPM
BANK OF NEW YORK EUROPE LDN      2,145,565                      FII
BANK OF NEW YORK BRUSSELS        161,771                        FPM



Fidelity International Limited (FIL) is the parent holding company for various
direct and indirect subsidiaries, including Fidelity Fund Management Limited
(FFML), Fidelity Investment Services Ltd (FISL), Fidelity Gestion (FIGEST),
Fidelity Investments Advisory (Korea) Limited (FIAKL), Fidelity Investments
Management (Hong Kong) Limited (FIMHK), Fidelity Pension Management (FPM),
Fidelity Investments Japan (FIJ) and Fidelity Investments International (FII),
investment managers for various non-US investment companies and institutional
clients.


5. Date of the transaction (and date on which the threshold is crossed or

reached if different):


Revised due to DTR rules



6. Date on which issuer notified:


12 March 2007



7. Threshold(s) that is/are crossed or reached:


N/A



8. Notified details:


A: Voting rights attached to shares


Class/type of shares (if possible using the ISIN CODE):


BMG4593F1041


Situation previous to the triggering transaction:


Number of shares: 23,338,360


Number of voting rights: 23,338,360


Resulting situation after the triggering transaction:


Number of shares (direct): 0


Number of voting rights (direct): 0


Number of voting rights (indirect): 23,338,360


% of voting rights (direct): 0.00%


% of voting rights (indirect): 5.92%


Total voting rights: 23,338,360 shares (5.92%)



9. Chain of controlled undertakings through which the voting rights and/or the

financial instruments are effectively held, if applicable:


Nominee                         Shares Held        Management Company

STATE STR BK AND TR CO LNDN (S  170,587                    FPM
STATE STR BK AND TR CO LNDN (S  127,785                    FIL
NORTHERN TRUST LONDON           815,099                    FPM
JP MORGAN, BOURNEMOUTH          470,506                    FPM
JP MORGAN, BOURNEMOUTH          8,547,467                  FISL
JP MORGAN, BOURNEMOUTH          9,694,303                  FIL
JP MORGAN, BOURNEMOUTH          761,894                    FII
HSBC BANK PLC                   443,383                    FPM
BANK OF NEW YORK EUROPE LDN     2,145,565                  FII
BANK OF NEW YORK BRUSSELS       161,771                    FPM


Fidelity International Limited (FIL) is the parent holding company for various
direct and indirect subsidiaries, including Fidelity Fund Management Limited
(FFML), Fidelity Investment Services Ltd (FISL), Fidelity Gestion (FIGEST),
Fidelity Investments Advisory (Korea) Limited (FIAKL), Fidelity Investments
Management (Hong Kong) Limited (FIMHK), Fidelity Pension Management (FPM),
Fidelity Investments Japan (FIJ) and Fidelity Investments International (FII),
investment managers for various non-US investment companies and institutional
clients.


Proxy Voting:



10. Name of the proxy holder:


Fidelity International Limited (FIL)



11. Number of voting rights proxy holder will cease to hold:


N/A



12. Date on which proxy holder will cease to hold voting rights


N/A



13. Additional information:


As discussed with the FSA, prior to the implementation of the EU Transparency
Directive, we aggregated the interests in shares of FMR Corp (FMR) and Fidelity
International Limited (FIL) together for the purposes of shareholder reporting.
According to the new DTR rules we are now reporting the indirect holdings of FMR
and FIL separately. For this issuer FMR Corp currently has no holdings. Please
note these holdings are correct as of close of business 08 March 2007.


14. Contact name:


Laura Cotterell



15. Contact telephone number:


[e-mail]





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