Notification of transactions

RNS Number : 6674O

Hiscox Ltd

21 September 2011

Hiscox Ltd

(the 'Company')

Notification of transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and connected persons

Scrip Dividend alternative

Hamilton, Bermuda - The Company has been notified that the undernoted directors and connected persons had elected for the scrip dividend alternative to the cash dividend paid on 21 September 2011. The scrip dividend reference price was 372.9 pence per share. The scrip shares acquired by the directors and their connected persons are detailed below:

Director	Number of Shares acquired by Director	Number of shares acquired by connected persons
Robert Hiscox	57,663	Nil
Bronek Masojada	Nil	88
Stuart Bridges	8,099	6,867
Robert Childs	28,035	Nil
Ernst Jansen	411	Nil