XL Capital Ltd To Announce First Quarter 2007 Results On Tuesday, April 24, 2007

HAMILTON, BERMUDA - March 23, 2007

Hamilton, Bermuda - March 23, 2007 - XL Capital Ltd (NYSE: XL) ("XL" or the "Company") intends to release its first quarter 2007 financial results after the close of regular stock market trading hours on Tuesday, April 24, 2007. A conference call to discuss the Company's results will be held at 10:00 a.m. Eastern Time on Wednesday, April 25, 2007.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# 2785039. The webcast will be available at www.xlgroup.com and will be archived on XL's website from approximately 1:00 p.m. Eastern Time on April 25, 2007, through midnight Eastern Time on May 25, 2007. A telephone replay of the conference call will also be available beginning at 1:00 p.m. Eastern Time on April 25, 2007, until midnight Eastern Time on May 16, 2007, by dialing (800) 642-1687 or (706) 645-9291, Conference ID# 2785039.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 December 31, 2006, XL Capital Group Ltd had consolidated assets of approximately $59.3 billion and consolidated shareholders' equity of approximately $10.1 billion. More information about XL Capital Ltd is available at www.xlgroup.com.