XL Capital to announce fourth quarter results on Tuesday, February 12th, 2002

HAMILTON, BERMUDA - February 05, 2002

HAMILTON, BERMUDA, February 4, 2002 -- XL Capital Ltd (NYSE: XL) intends to release its fourth quarter results after the close of regular stock market hours on Tuesday February 12, 2002. The Company will hold its regular quarterly conference call for investors and analysts at 8:00 a.m. Eastern Time on Wednesday, February 13, 2002.A live online webcast of this call will be available at www.xlgroup.com and will be archived on XL's website from approximately 11 a.m. Eastern Time on February 13, through midnight Eastern Time on March 14, 2002. A telephone replay of the conference call will be available beginning at 11:00 a.m. Eastern Time on February 13 until 8:00 p.m. Eastern Time on February 20 by dialing (719) 457-0820, passcode 627463.XL Capital Group, 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 at September 30, 2001, XL Capital Group had consolidated assets of approximately $25.7 billion and consolidated shareholders' equity of approximately $4.8 billion. More information about XL is available at www.xlgroup.com