Notification of transactions by directors or persons
discharging managerial responsibilities
This notification is made in accordance with Disclosure
Transparency Rule 3.1.4R(1).
On 1 December 2011, under the Hiscox Ltd Sharesave
Scheme, Robert Hiscox exercised his option to purchase 4,907
shares in the Company at a price of 1.956p per share.
The transaction took place in Bermuda.
Hiscox Ltd, Company Secretary
00 1 441 278 8300
Date: 1 December 2011