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Hamilton, Bermuda - September 27, 2006 - XL Capital Ltd (NYSE: XL) ("XL" or the "Company") intends to release its third quarter 2006 financial results after the close of regular stock market trading hours on Tuesday, October 24, 2006. A conference call to discuss the Company's results will be held at 10:00 a.m. Eastern Time on Wednesday, October 25, 2006.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 (877) 422-4657 or (706) 679-0474, Conference ID #7503058. 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 October 25, 2006, through midnight Eastern Time on November 25, 2006. A telephone replay of the conference call will also be available beginning at 1:00 p.m. Eastern Time on October 25, 2006, until 1:00 p.m. Eastern Time on November 15, 2006, by dialing (800) 642-1687 or (706) 645-9291, Conference ID# 7503058.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, 2006, XL Capital Ltd had consolidated assets of approximately $58.5 billion and consolidated shareholders' equity of $8.5 billion. More information about XL Capital Ltd is available at www.xlgroup.com.