BFD Benfield Group

RNS Number:1570H
Benfield Group Limited
07 January 2005



                                BENFIELD GROUP
                    Close Period Share Repurchase Programme


Benfield Group ('Benfield') announces today that it will commence an
irrevocable, non-discretionary programme to purchase Benfield Common Shares on
its own behalf, for cancellation during its close period which commences on 10
January 2005 and ends on 10 March 2005.


Any acquisitions will be effected within certain pre-set parameters, and in
accordance with both Benfield's general authority to repurchase shares and
Chapter 15 of the Listing Rules, which requires that the maximum price paid be
limited to no more than 105 per cent of the average middle market closing price
of Benfield Common Shares for the five dealing days preceding the date of
purchase.


                                -    ENDS    -




For further information please contact:
Paul Waters
Tel: +44 (0) 20 7522 3806






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