Olson Retires from White Mountains Board of Directors

February 27, 2006

Bermuda-based White Mountains Insurance Group, Ltd. announced that Frank Olson, a director since 1996, has retired from the Board.

Chairman George Gillespie noted: “Frank Olson, our dear friend and long-time partner, has diligently served our owners over many years. We are all grateful for his dedication to the Company and loyalty to our owners. We will miss his sound advice and counsel. We wish him well.”

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