Beazley Group plc commences share buyback programme - 20.11.07

Beazley Group plc announced on 15 November that it has, through its broker Numis Securities, commenced a rolling on-market share buyback programme to repurchase up to 5% of the Company's issued share capital, representing approximately £30m, using the authority given by shareholders at the AGM held on 3 May 2007. Any shares purchased will be held in treasury.