XL Capital Ltd To Announce Second Quarter 2005 Results On Wednesday, July 27, 2005

HAMILTON, BERMUDA - July 05, 2005

Hamilton, Bermuda (July 5, 2005): -- XL Capital Ltd (NYSE: XL) ("XL" or the "Company") intends to release its second quarter 2005 financial results after the close of regular stock market hours on Wednesday, July 27, 2005. A conference call to discuss the Company's results will be held at 10:00 a.m. Eastern Time on Thursday, July 28, 2005.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 201-689- 8320, password XL728. 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 July 28, 2005 through midnight Eastern Time on August 29, 2005. A telephone replay of the conference call will also be available beginning at 1:00 p.m. Eastern Time on July 28 until 8:00 p.m. Eastern Time on August 4 by dialing 201- 612-7415 (account number: 290 and conference I.D. number: 156740).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 March 31, 2005, XL Capital Ltd had consolidated assets of approximately $50.9 billion and consolidated shareholders' equity of approximately $7.8 billion. More information about XL Capital Ltd is available at www.xlgroup.com.