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White Mountains Completes Acquisition Of Sirius Insurance Group

HAMILTON, Bermuda:Apr 16, 2004 - White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that it has completed its previously announced acquisition of the Sirius Insurance Group and its subsidiaries, Sirius International Insurance Corporation, Sirius America Insurance Company and Scandinavian Reinsurance Company, Ltd.

ADDITIONAL INFORMATION

White Mountains is a Bermuda-domiciled financial services holding company traded on the New York Stock Exchange and the Bermuda Stock Exchange under the symbol WTM. Additional financial information and other items of interest are available at the Company's web site located at www.whitemountains.com.