Montpelier Re to Release Q1 Results; Hold Conference Call

April 26, 2006

Bermuda-based Montpelier Re Holdings Ltd. expects to release its 2006 first quarter results tomorrow, Thursday, April 27th, 2006 after the market closes.

Montpelier Re executives will conduct a conference call, including a question and answer period, on Friday, April 28th, 2006 at 10:00 a.m. Eastern Time.

The presentation will be available via a live audio webcast accessible on the Earnings Call page of the Investor Information section of the Company’s website at: www.montpelierre.bm. A telephone replay of the conference call will be available through May 5th, 2006 by dialing 888-286-8010 (toll-free) or 617-801-6888 (international) and entering the pass code: 56182101.

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