XL Capital Ltd To Announce Fourth Quarter And Year End 2008 Results On Tuesday, February 10, 2009

New York, New York - January 21, 2009

Hamilton, Bermuda – January 21, 2009 - XL Capital Ltd (NYSE: XL) (“XL” or the “Company”) announced today that it intends to release its Fourth Quarter and Year End 2008 results after the close of regular stock market trading hours on Tuesday, February 10, 2009. A conference call to discuss the Company’s results will be held at 9:00 a.m. Eastern Time on Wednesday, February 11, 2009.The conference call can be accessed through a listen-only dial-in number or through a live webcast. To listen to the conference call, please dial (877) 422-4657 or (706) 679-0474, Conference ID# 79946546. The webcast will be available at www.xlgroup.com and will be archived on XL’s website from approximately 12:00 p.m. Eastern Time on February 11, 2009, through midnight Eastern Time on March 11, 2009. A telephone replay of the conference call will also be available beginning at 12:00 p.m. Eastern Time on February 11, 2009, until midnight Eastern Time on March 4, 2009, by dialing (800) 642-1687 or (706) 645-9291, Conference ID# 79946546.XL Capital Ltd, through its operating subsidiaries, is a leading provider of global insurance and reinsurance coverages to industrial, commercial and professional service firms, insurance companies and other enterprises on a worldwide basis. More information about XL Capital Ltd is available at www.xlgroup.com.