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Hamilton, Bermuda (March 12, 2003) – XL Capital Group Ltd (NYSE: XL) announced today that Mr. Jerry de St. Paer, EVP and Chief Financial Officer of XL Capital Group Ltd, is scheduled to participate in the JP Morgan 2003 Insurance Fixed-Income Conference in New York on March 13, 2003 at 3:10 p.m. (EST).The telephone dial in numbers for the conference call are 800-699-9618 (Domestic), 703-326-3033 (International), passcode 90199. A telephone replay of the conference call will be available on March 13 through to March 20 by dialing, 888-229-4383 (Domestic), 703-834-7647 (International) passcode 90199.The accompanying slides will be archived on the Investor Information section of www.xlgroup.com following the live broadcast of the presentation and archived for approximately 14 days following the presentation.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 is available at www.xlgroup.com.