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Performance Share Plan Awards

29th Mar 2007 17:22

Hiscox Ltd29 March 2007 HAMLITON; On 26 March 2007, the Board of Hiscox Ltd (the 'Company') granted restricted awards over a total of 2,771,500 ordinary shares of 5p each in the Company pursuant to the Hiscox Ltd Performance Share Plan. The awards are subject to performance conditions which will be calculated over a three year period, and to the extent these are satisfied, the awards will vest on 26 March 2010.There is no exercise price attached to these awards. Included in these grants were options granted to directors of the Company as set out below: RRSH Hiscox 80,000BE Masojada 200,000RS Childs 150,000SJ Bridges 120,000 For further information: Robin MehtaHiscox Ltd, Company Secretary00 1 441 278 8300 This information is provided by RNS The company news service from the London Stock Exchange

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Hiscox
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