This page includes Regulatory news filings supplied by issuers listed on the BSX. Please note the BSX is not responsible for the content, accuracy or completeness of announcements filed by issuers and disclaims all liability for any loss arising from reliance on information contained within issuer announcements.

ACE Limited Announces Plan To Issue Senior Notes

21 March 2002

HAMILTON, Bermuda: 18 March, 2002--ACE Limited (NYSE:ACE, BSX:ACL.BH) announced today that it currently plans to sell up to $500 million of five-year senior notes. The lead underwriters for the proposed offering are Banc of America Securities LLC and J.P. Morgan Securities Inc.

The net proceeds from the sale of the senior notes will be used to repay outstanding debt and for general corporate purposes.