Quarterly Syndicate Mid-point Forecasts

Helios Underwriting plc

("Helios" or the "Company")

Quarterly Syndicate Mid-point Forecasts

Helios announces the current mid-point forecasts in respect of its portfolio of syndicate capacity for the 2015 and 2016 years of account based on 4th quarter 2017 results.

Notes

1) The table shows the capacity as at 1st Jan 2018, with no acquisitions subsequently, splitting the capacity retained by Helios and the capacity that is ceded to quota share reinsurers.

2) The result for the 2015 year of account and the mid point forecasts for 2016 year of account as of 4th quarter 2017 have been aggregated at syndicate level from estimates supplied by Managing Agents.

3) The impact on Helios will be as follows:

a. The increase in the mid point estimates on the retained capacity over the year will be recognised in the Helios income statement in the year to 31st December 2017.

b. The overall improvement in the result will be received by Helios in cash when the profits are distributed after the close of the year of account.

For further information please contact:

Helios Underwriting plc

Nigel Hanbury - Chief Executive 020 7863 6655 / nigel.hanbury@huwplc.com

Arthur Manners - Chief Financial Officer 07754 965 917

Stockdale Securities Limited

Robert Finlay 020 7601 6100

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 £40m of capacity for the 2018 account. The portfolio provides a good spread of business being concentrated in property insurance and reinsurance. For further information please visit www.huwplc.com.