Transfer of Treasury Shares

Hiscox Ltd

(the 'Company')

Treasury Share Transfers

Hamilton, Bermuda - The Company announces that on 19 April 2012 a transfer of 3,154,273 ordinary shares of 5p each was made from Treasury to satisfy awards vesting under the Hiscox Ltd Performance Share Plan.

Following the transfer the Company has a total of 19,682,214 shares in Treasury and a total of 391,578,289 shares in issue, excluding Treasury shares.

This notification is made in accordance with Listing Rule 12.6.4.

Charles Dupplin

Hiscox Ltd, Company Secretary

+1 441 278 8300