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HAMILTON, BERMUDA, April 24, 2002 - XL Capital Ltd (NYSE: XL) intends to release its first quarter results after the close of regular stock market hours on Monday, April 29, 2002. The Company will hold its quarterly conference call for investors and analysts at 10:00 a.m. Eastern Time on Tuesday, April 30, 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 1:00 p.m. Eastern Time on April 30, through midnight Eastern Time on May 30, 2002. A telephone replay of the conference call will be available beginning at 1:00 p.m. Eastern Time on April 30 until 8:00 p.m. Eastern Time on May 6 by dialing (719) 457-0820, passcode 765636.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 at September 30, 2001, XL 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.