Bailar Joins Endurance Board

November 3, 2006

Bermuda’s Endurance Specialty Holdings Ltd., announced the appointment of Gregor Bailar, the Chief Information Officer (CIO) for Capital One Financial Corporation, to its Board of Directors.

Endurance noted that Bailar is “Capital One’s principal IT strategist, with responsibility for all of the company’s technology activities globally, leading a broad technology team.” He is a recipient of the Computerworld Premier 100, a list honoring individuals who have had a positive impact on their organizations through technology leadership.

Prior to assuming his current position at Capital One in 2001, Bailar spent four years at the NASDAQ Stock Market as Chief Information Officer and Executive Vice President for Operations and Technology, where he was responsible for all aspects of technology and operations. He was also Chairman and Founder of Indigo Markets Inc, a software development subsidiary in Chennai, India. Bailar joined NASDAQ after four years at Citicorp, where he was Managing Director of Advanced Development for Global Corporate Banking.

Endurance Chairman and CEO Kenneth J. LeStrange commented: “I am pleased to welcome Gregor to our Board of Directors. He has a breadth of information technology expertise that will be of great value to our Board and our company. We look forward to his contributions.”

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