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XL Capital Ltd to Announce First Quarter Results on Monday, April 28, 2003

 — Hamilton, Bermuda (April 4, 2003): -- XL Capital Ltd (NYSE: XL) (“XL” or the “Company”) intends to release its first quarter results after the close of regular stock market hours on Monday, April 28, 2003. The Company will hold its quarterly conference call for investors and analysts at 10:00 a.m. Eastern Time on Tuesday, April 29, 2003.
A live online webcast of this call will be available at www.xlgroup.com and will be archived on XL’s website from approximately 1:00 p.m. Eastern Time on April 29, 2003 through midnight Eastern Time on May 29, 2003. A telephone replay of the conference call will be available beginning at 1:00 p.m. Eastern Time on April 29, until 8:00 p.m. Eastern Time on May 8, 2003 by dialing (201) 612-7415 (account number: 7716 and conference I.D. number: 63046).
XL Capital Ltd, through its operating subsidiaries, is a leading provider of insurance and reinsurance coverages and financial products to industrial, commercial and professional service firms, insurance companies, and other enterprises on a worldwide basis. As of December 31, 2002, XL Capital Ltd had consolidated assets of approximately $35.6 billion and consolidated shareholders' equity of approximately $6.6 billion. More information about XL Capital Ltd is available at www.xlgroup.com.

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