RNS Number:2331J
PRI Group PLC
26 March 2003

For immediate release


                                 PRI GROUP plc
                                 ("the Group")

                             Statement re: approach


The Board of PRI Group plc ("the Board") confirms that it has received an
approach for the Group from Brit Insurance Holdings PLC on the basis of its
potential all share offer.  The Board will be meeting to discuss this approach
and will be contacting the Group's Shareholders in due course.

                                    - Ends -

Enquiries:

Susan Ellis
Weber Shandwick Square Mile                     020 7067 0700



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