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Max Re Capital's Chief Executive Officer To Present At The Annual AIFA Conference

27 27 2003

Hamilton, Bermuda: February 26, 2003. Max Re Capital Ltd. (NASDAQ: MXRE, BSX: MXRE.BH) today announced that Robert J. Cooney, Chairman, President & Chief Executive Officer is scheduled to participate in a panel on "Finite Risk - The Buyers/Sellers Perspective" at the Annual Association of Insurance and Financial Analysts (AIFA) Conference at the Hyatt Regency Hotel, Scottsdale, Arizona on March 3, 2003 from 3:30 p.m. to 4:30 p.m. Mountain Standard Time (MST).

A live webcast of Mr. Cooney's presentation at 3:30 p.m. (MST) may be accessed by logging onto www.vcallconferences.com.

Following the live webcast, a replay of Mr. Cooney's presentation will be posted on the Investor Information section of the Company's website, www.maxre.bm., for approximately 30 days following the presentation.

Max Re Capital Ltd. through its principal operating subsidiaries, Max Re Ltd. and Max Re Europe Limited, offers customized risk financing solutions to life and health insurers, property and casualty insurers and large corporations.

The above remarks about future expectations, plans and prospects for the Company are forwardlooking 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 filed with the Securities and Exchange Commission. Max Re undertakes no obligation to publicly update or revise any forward-looking statement whether as a result of new information, future developments or otherwise.