Amlin Plc

           CHANGE IN EMPLOYEE SHARE OWNERSHIP TRUST HOLDING

On the 7 and 8 January 2004 each of Messrs B D Carpenter, R A Hextall, A W Holt
and C E L Philipps, executive Directors of Amlin plc ("Amlin") and J L Stace, a
non-executive Director of Amlin, technically ceased to be interested in a total
of 59,775 ordinary shares of 25p by virtue of the Group's Employee Share
Ownership Trust ("ESOT") transferring such shares to employees (who are not
Directors of Amlin) on the exercise of share options. The total number of Amlin
shares that the ESOT now holds is 5,150,147 (1.3% of the shares in issue).

Note: for Companies Act purposes, the Directors of Amlin named above are deemed
to have a technical interest in the shares held by the ESOT. The interest ceases
when shares are transferred to individuals who exercise their options.

Enquiries:
Charles Pender, 020 7746 1008
Secretary