Dividend Declaration

RNS Number:7011N
THB Group PLC
18 July 2003

Embargoed until 7.00am on 18 July 2003



             THB Group plc ("THB") declares second interim dividend


THB Group plc, the niche insurance broker, today announces that the Board of
Directors has approved the payment of a second interim dividend, in the amount
of 2.5p per share, payable on 11 August 2003 to shareholders on the register on
1 August 2003. This second interim dividend is in lieu of a final dividend.


The ex-dividend date will be 30 July 2003.


Ends.




CONTACTS
Vic Thompson, Chairman, THB Group                 01689 883523
Rob Wilkinson, Finance Director, THB Group        01689 883519




Information on THB Group plc



THB Group is a UK based niche insurance broking group. At its core is a Lloyd's
broking business, providing services to clients predominantly in the UK and US.
It acts as a wholesaler to other intermediaries both in the UK and abroad, as
well as providing broking services to a range of retail insurance clients, from
Formula One racing drivers to international corporate clients. The group has a
strong presence in certain niche areas of insurance in the Lloyd's market, such
as motorsport, motor fleet and North American property.



The company completed a successful flotation on the Alternative Investment
Market of the London Stock Exchange on 1 October 2002, raising #6 million,
largely by way of a placing to institutional investors and staff, at a price of
120p per share.



Profit before tax totalled #3.3 million in the year ended 30 April 2002 on
turnover, comprising brokerage and commission, of #15.3 million. The group
reported interim profits for the six months to 31 October 2002 of #1.64 million
before tax on turnover of #10.5 million.



Further information is available on the company's website at www.thbgroup.com.




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