XL Capital Ltd To Present At The Bermuda Angle Conference On October 1, 2003

HAMILTON, BERMUDA - August 27, 2003

HAMILTON, BERMUDA (August 27, 2003) - XL Capital Ltd (NYSE: XL) ("XL") President and Chief Executive Officer Brian M. O'Hara, along with other XL executives, are scheduled to give a presentation on Wednesday, October 1st at 2:15 p.m. Atlantic Time (1:15 p.m. EDT) at The Bermuda Angle 12th Annual Conference at the Fairmont Southampton Princess Resort in Bermuda.A live audio webcast and simultaneous slide presentation will be available through the Bermuda Angle website at www.bermudaangle.com and a replay will be available until October 31, 2003.There will be a simultaneous audio webcast which may be accessed through the XL website at www.xlgroup.com. It will be archived for approximately 30 days following the presentation.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 of June 30, 2003, XL Capital Ltd had consolidated assets of approximately $39.2 billion and consolidated shareholders' equity of approximately $7.6 billion. More information about XL Capital Ltd is available at www.xlgroup.com.