Result of EGM

Hiscox PLC
17 December 2001

NOT FOR RELEASE PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES,
CANADA, JAPAN, AUSTRALIA, SOUTH AFRICA OR THE REPUBLIC OF IRELAND



HISCOX PLC

Result of Extraordinary General Meeting


The Board of Hiscox plc announces that at the Extraordinary General Meeting of
Hiscox plc held earlier today, all resolutions in connection with the Open
Offer announced on 22 November 2001 were duly passed.


Application has been made to the UK Listing Authority and to the London Stock
Exchange for the 44,461,435 New Ordinary Shares to be admitted to the Official
List and to trading on the London Stock Exchange's market for listed
securities. It is expected that admission will become effective and dealings
in New Ordinary Shares will commence at 8.00 a.m. on 18 December 2001.


Robert Hiscox, Chairman, said:


'We are grateful for the support given us by existing and new shareholders and
will take maximum advantage of the extra capital. I believe that Hiscox is
entering a new era of growth and profitability'.




For further information, please contact: -

Robert Hiscox/Bronek Masojada                                     020 7448 6000

Hiscox plc

Ben Money-Coutts/Simon Edwards                                    020 7767 1000

ING Barings

Suzanne Bartch                                                    020 7379 5151

The Maitland Consultancy