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Hamilton, Bermuda (September 24, 2004): XL Capital Ltd (NYSE: XL) ("XL" or the "Company") intends to release its third quarter 2004 financial results after the close of regular stock market hours on Monday, November 1, 2004. A conference call to discuss the Company's third quarter results will be held at 10:00 a.m. Eastern Time on Tuesday, November 2, 2004.A live 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 November 2, 2004 through midnight Eastern Time on December 2, 2004. A telephone replay of the conference call will be available beginning at 1:00 p.m. Eastern Time on November 2, 2004 until 8:00 p.m. Eastern Time on November 9, 2004 by dialing (201) 612-7415 (account number: 7716 and conference I.D. number: 118726).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 June 30, 2004, XL Capital Ltd had consolidated assets of approximately $45.5 billion and consolidated shareholders' equity of approximately $7.1 billion. More information about XL Capital Ltd is available at www.xlgroup.com.