XL Capital to present at 3rd Annual Goldman Sachs Convertible Securities Conference

- March 14, 2002

HAMILTON, BERMUDA (March 14, 2002) - 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 speak at the Third Annual Goldman Sachs Convertible Securities Conference at the Four Seasons Hotel in Las Vegas on March 22, 2002 from 8:45 a.m. to 9:30 a.m. (PST).A live webcast of Mr. de St. Paer's presentation from 8:45 a.m. (PST) may be accessed by logging into http.www.gs.com/events/csc2002. A replay of the presentation will be archived on the Investor Information section of www.xlgroup.com following the live broadcast of his presentation and archived for approximately 30 days following the presentation.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 December 31, 2001, XL Capital Group had consolidated assets of approximately $28.0 billion and consolidated shareholders' equity of approximately $5.4 billion. More information about XL is available at www.xlgroup.com