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HAMILTON, BERMUDA (May 9, 2002) - XL Capital Ltd (NYSE: XL) announced today that Mr. Brian M. O'Hara, President and Chief Executive Officer of XL Capital Ltd, is scheduled to speak at the Goldman Sachs & Co. Financial Services Conference at The Roosevelt Hotel in New York on May 15, 2002 from 10:55 a.m. to 11:45 a.m. (EST).A live webcast of Mr. O'Hara's presentation from 10:55 a.m. (EST) may be accessed by logging into https://www.gs.com/ir/conf and using the username:conference/confp and password: financialA replay of the presentation will be on the Investor Info 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 March 31, 2002, XL Capital Group had consolidated assets of approximately $30.7 billion and consolidated shareholders' equity of approximately $5.5 billion. More information about XL is available at www.xlgroup.com