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Hamilton, Bermuda (April 1, 2004): -- XL Capital Ltd (NYSE: XL) ("XL" or "the Company") intends to release its first quarter results after the close of regular stock market hours on Monday, May 3, 2004. The Company will hold its quarterly conference call for investors and analysts at 10:00 a.m. Eastern Time on Tuesday, May 4, 2004.A live online webcast of this call will be available at www.xlgroup.com and will be archived on XL's website from approximately 1:00 p.m. Eastern Time on May 4, 2004 through midnight Eastern Time on June 4, 2004. A telephone replay of the conference call will be available beginning at 1:00 p.m. Eastern Time on May 4, until 8:00 p.m. Eastern Time on May 11, 2004 by dialing (201) 612-7415 (account number: 7716 and conference I.D. number: 100381).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, 2003, XL Capital Ltd had consolidated assets of approximately $40.8 billion and consolidated shareholders' equity of approximately $6.9 billion. More information about XL Capital Ltd is available at www.xlgroup.com.