Director/PDMR Shareholding

Hiscox Ltd

(the 'Company')

Notification of transactions by Directors or Person Discharging Managerial Responsibilities ('PDMRs')

Hamilton, Bermuda - In accordance with Disclosure Transparency Rule 3.1.4R(1) the Company announces that on 1 May 2013 the following Directors exercised options under its Sharesave Scheme, as detailed below.

Directors:

Mr SJ Bridges exercised options to purchase 3,210 Ordinary Shares in the Company at 282.64p per Share.

Mr RS Childs exercised options to purchase 3,210 Ordinary Shares in the Company at 282.64p per Share.

Jeremy Pinchin

Company Secretary

Hiscox Ltd

+ 1 441 278 8300