20 February 2015

Helios Underwriting plc

("HUW" or the "Company")

Completion of Acquisition of Lloyd's Limited Liability Vehicle

Further to the announcement on 12 February 2015, the Company is pleased to announce that the acquisition of Nameco (No 402) Limited has completed.

For further information please contact:

HUW

Nigel Hanbury - Chief Executive

nigel.hanbury@huwplc.com

Smith & Williamson Corporate Finance

David Jones

020 7131 4000

Westhouse Securities

Robert Finlay

020 7601 6100

About HUW

HUW provides a limited liability direct investment into the Lloyd's insurance market and is quoted on the London Stock Exchange's AIM market (ticker: HUW).  HUW's subsidiary underwriting vehicles trade within the Lloyd's insurance market as corporate members of Lloyd's writing £22 million of capacity for the 2015 account.  The portfolio provides a good spread of classes of business being concentrated in property insurance and reinsurance.   For further information please visit www.huwplc.com.


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