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XL Capital Ltd To Present At The UBS 2005 Global Financial Services Conference on May 9, 2005

HAMILTON, BERMUDA (May 3, 2005) - XL Capital Ltd (NYSE: XL) announced today that Mr. Jerry de St. Paer, Executive Vice President and Chief Financial Officer of XL Capital Ltd, is scheduled to present at the UBS 2005 Global Financial Services Conference at The Pierre Hotel in New York City on Monday, May 9, 2005 at 3:40 pm (EDT).
A live webcast of Mr. de St. Paer's presentation will be available at www.ibb.ubs.com. A replay of the presentation and accompanying slides will be available on the Investor Information section of XL Capital Group's website at www.xlgroup.com following the live broadcast and will be archived for approximately 14 days.
XL Capital Ltd, through its operating subsidiaries, is a leading provider of insurance and reinsurance coverages and financial products and services to industrial, commercial and professional service firms, insurance companies, and other enterprises on a worldwide basis. As of March 31, 2005, XL Capital Ltd had consolidated assets of approximately $50.9 billion and consolidated shareholders' equity of approximately $7.8 billion. More information about XL Capital Ltd is available at www.xlgroup.com.

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