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Hiscox Syndicate 33 Estimates Unchanged - 28.11.07

Hiscox Ltd,today released its current estimates (unchanged from the previous quarter) for
Syndicate 33 for the 2005 and 2006 years of account. The press release is attached.

The estimates for 2005 and 2006, expressed as a percentage of capacity, are as
follows:

Year of Account Current estimate Previous  estimate Hiscox Capacity Share
2005 -7.5% to 2.5%  -7.5% to 2.5% £774m 71%
2006 15% to 22.5% 15% to 22.5% £832m  73%


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