Disclaimer: Max Capital Group Ltd. makes reasonable efforts to assure information in its press releases is accurate as of the date they are issued. The press releases contain statements about future expectations, plans and prospects for the Company that are forward-looking statements for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks and uncertainties. The factors that could cause actual results to differ materially from those suggested by such statements include but are not limited to those discussed in the Company's prospectus dated August 13, 2001 filed with the Securities and Exchange Commission. Max Capital Group Ltd. undertakes no obligation to publicly update or revise any forward-looking statement whether as a result of new information, future developments or otherwise.