Hardy Und. Bermuda - Employee Share Incentive Plan

RNS Number:1242S
Hardy Underwriting Bermuda Ld
10 April 2008

Date: 10th April 2008
On behalf of: Hardy Underwriting Bermuda Limited ("Hardy" or "the Company")
For immediate release

Hardy Underwriting Group
All Employee Share Incentive Plan

Hardy Underwriting Bermuda Limited announces that it was advised on the 9th
April 2008 that the Trustees of the Hardy Underwriting Share Incentive Plan (the
"Plan"), purchased the following Hardy Common shares of 20p each:

On 8th April 2008 - 5,691 Hardy Underwriting Bermuda Limited Common Shares of
20p each at £3.07 per share in respect of the March allocation under the terms
of the Plan. Of these shares 1,897 were acquired as Partnership Shares (paid
for by participating employees), and 3,794 shares were bought by the Company as
Matching Shares.

The registered holder of all shares is Lloyds TSB Corporate Nominees Limited
designation AESOP 1.

The following directors are beneficial owners of the following shares (subject
to the terms and conditions of the Plan Trust Deed and Rules):

Allotted Total holding following Total % holding
Director Notification following notification

P.J. Gage 123 80,498 Ord. 20p shares 0.2270%
J. MacDiarmid 123 67,627 Ord. 20p shares 0.1907%
B.J. Merry 123 363,707 Ord. 20p shares 1.0256%
A.J. Walker 123 243,087 Ord. 20p shares 0.6854%

Enquiries to:

Hardy Underwriting Bermuda Limited
Jamie MacDiarmid Finance Director Tel: 020 7626 0382

Redleaf Communications
Emma Kane Tel: 020 7822 0200

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

MSCFGGMDNGFGRZM