RNS Number:4206U
Cox Insurance Holdings PLC
20 January 2004


On 20th January 2004, the Cox Qualifying Share Ownership Trust ("the QUEST")
transferred 1,925 shares in connection with the exercise of options granted
under the terms of the Cox Insurance Holdings Plc SAYE Share Option Scheme. This
reduces the QUEST's shareholding to 843,450 shares, representing 0.27% of the
Company's issued share capital.

Messrs P E Owen, J Morley and N A Utley ("the executive directors") being
employees of the Company are included as potential beneficiaries under the
QUEST.

                      This information is provided by RNS
            The company news service from the London Stock Exchange

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