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Helios Underwriting plc

("Helios" or the "Company")

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Directors' Dealing

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Helios, the unique investment vehicle which acquires and consolidates underwriting capacity at Lloyd's, was notified on 29 May 2020 that Michael Cunningham, Non-Executive Chairman of the Company, had�on the same day purchased 22,000 ordinary shares of 10 pence each in the Company ('Ordinary Shares') at a price of 88.5 pence per share.� As a result, Mr. Cunningham�has a total beneficial interest of 78,698 Ordinary Shares, representing 0.44 per cent. of the Company's issued share capital.

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In addition, the Company was notified on 29 May 2020 that Andrew Christie, Non-Executive Director of the Company, had on the same day purchased 11,117�Ordinary Shares at a price of 90 pence per share.� As a result, Mr.�Christie has a total beneficial interest of 31,096 Ordinary Shares, representing 0.17 per cent. of the Company's issued share capital.

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For further information please contact:

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Helios Underwriting plc

Nigel Hanbury - Chief Executive� � � � � � � � � � � � � � � � � � � � � � � � �� 07787� 530404 /�[email protected]

Arthur Manners - Chief Financial Officer� � � � � � � � � � � � � � � � � � 07754 965 917

Shore Capital

Robert Finlay/David Coaten� � � � � � � � � � � � � � � � � � � � � � � � � � � � � �020 7408 4090

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About Helios

Helios 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). Helios trades within the Lloyd's insurance market writing approximately �70m of capacity for the 2020 account. The portfolio provides a good spread of business being concentrated in property insurance and reinsurance. For further information please visit www.huwplc.com.

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