Max Re Capital Q1 Earnings Report Monday; Conference Call Details

May 4, 2007

Max Re Capital Ltd. will hold an investment community conference call on Monday, May 7, 2007, at 10 o’clock a.m. Eastern Time, to discuss the Company’s first-quarter 2007 financial results with interested investors and shareholders.

Chairman and Chief Executive officer W. Marston Becker, Executive Vice President and Chief Financial Officer Joe Roberts, and Executive Vice President and Chief Risk Officer Jim Tees will represent the Company on the call. The toll-free number (US callers) is: 1-866-383-8003; for International callers: 1-617-597-5330; Access Code (all participants): 14271263

Please dial in five to ten minutes prior to the start of the call. If you are unable to participate in the “live” call, a replay will be available from approximately 12:00 noon Eastern Time on May 7, 2007 until June 7, 2007. To listen to the replay, US-based callers may dial 1-888-286-8010; international callers may use 1-617-801-6888; the access code for the replay is 20172655.

Further information may be obtained on the Company’s web site at: http://www.maxre.bm.

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