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XL Capital Implements Dividend Reinvestment And Share Purchase Plan
The Plan, which is effective today, is intended to provide registered holders of XL Capital Class A Ordinary Shares a convenient and economical way to reinvest all or a portion of their cash dividends and to make additional cash investments, subject to minimum and maximum purchase limitations, in its Class A Ordinary Shares. Holders who invest through the Plan pay no brokerage commissions or fees or expenses in connection with purchases of Class A Ordinary Shares under the Plan. A prospectus is being mailed by the Plan Administrator to registered holders of XL Capital Class A Ordinary Shares, along with the forms and instructions necessary to enroll in the Plan.
XL Capital Ltd, through its operating subsidiaries, is a leading provider of insurance and reinsurance coverages and financial products to industrial, commercial and professional service firms, insurance companies, and other enterprises on a worldwide basis. As at September 30, 2001, XL had consolidated assets of approximately $25.7 billion and consolidated shareholders' equity of approximately $4.8 billion. More information about XL, the coverages written by its operating subsidiaries, and contact details, are available at www.xlcapital.com.