Amlin Plc

CONFIRMATION OF REGULATORY UNDERWRITING CAPACITY

Amlin plc ("Amlin") confirms that Syndicate 2001's regulatory underwriting
capacity for 2004 is being maintained at its 2003 level of ๏ฟฝ1 billion. Amlin
owns 100% of its managed Syndicate 2001 for the 2004 year of account. This
equates to 16% growth in Amlin's owned underwriting capacity from 2003.

Amlin's capacity for 2004 is supported through its own resources, by letters of
credit totalling ๏ฟฝ130 million from a syndicate of banks led by Lloyds TSB Bank
plc (2003: ๏ฟฝ70 million) and by letters of credit totalling US$90 million
provided through Amlin's 12.7% shareholder, State Farm Mutual Automobile
Insurance Company (2003: US$130 million).

17 December 2003

Enquiries:

Richard Hextall 020 7746 1000
Finance Director, Amlin plc

Explanatory note:

Lloyd's regulatory capacity is a ceiling on premium income, net of brokerage,
related to a group's Funds at Lloyd's at the start of the year. Premium income
during the year may or may not reach such levels.