Massa B. Cressall to Lead Endurance Specialty Investor Relations

February 13, 2004

Bermuda-based Endurance Specialty Holdings Ltd.,a global provider of P/C insurance and reinsurance, announced that effective immediately Massa B. Cressall will lead its investor relations function.

Bryan A. Melgar, currently Manager of Investor Relations, will take on new responsibilities for corporate finance and mergers & acquisitions in Endurance’s finance department.

Ms. Cressall joined Endurance in September 2003 as Director of Strategic Research and Development. She was formerly a Senior Consultant in Cap Gemini Ernst & Young’s strategy practice in New York where she provided strategic advisory services to a variety of Fortune 500 clients. She holds a B.A. in International Relations from Tufts University and a Masters Degree in International Business from Columbia University.

CEO Kenneth J. LeStrange commented, “Massa has made valuable contributions to our strategic planning effort at Endurance. I am pleased to add the investor relations function to her current role and I look forward to her continued success.”

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