Max Re Capital Ltd. To Hold First-Quarter Earnings Call

Hamilton, Bermuda, April 11, 2007 - Max Re Capital Ltd. (NASDAQ: MXRE; BSX: MXRE.BH) today announced that it will hold an investment community conference call on Monday, May 7, 2007, at 10 o'clock a.m. Eastern Time, to discuss the Company's first-quarter 2007 financial results with interested investors and shareholders. 

Chairman and Chief Executive officer W. Marston Becker, Executive Vice President and Chief Financial Officer Joe Roberts, and Executive Vice President and Chief Risk Officer Jim Tees will represent the Company on the call, the details of which are as follows:

Date:             May 7, 2007

Time:             10:00 a.m. Eastern Time

Toll-free number (US callers): 1-866-383-8003

International callers:  1-617-597-5330

Access Code (all participants): 14271263

Please dial in five to ten minutes prior to the start of the call.

If you are unable to participate in the "live" call, a replay will be available from approximately 12:00 noon Eastern Time on May 7, 2007 until June 7, 2007.  To listen to the replay, US-based callers may dial 1-888-286-8010; international callers may use 1-617-801-6888; the access code for the replay is 20172655.

Max Re Capital Ltd., through its principal operating subsidiaries, provides specialty insurance and reinsurance products to corporations, public entities, property and casualty insurers and life and health insurers.

This release may include statements about future expectations, plans and prospects of the Company that constitute forward-looking statements for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those suggested by such statements, including the risk that the SEC's view of the conclusions reached by the Audit and Risk Management Committee of the Company's Board of Directors in connection with the internal review of three finite risk retrocessional contracts written in 2001 and 2003, which caused the Company to restate its audited financial statements for the years ended December 31, 2005, 2004, 2003, 2002 and 2001 and unaudited financial statements for the periods ended March 31, 2006 and June 30, 2006, may differ, perhaps materially, and result in material changes to information contained in the Company's past SEC filings, including financial statements and financial information.  For further information regarding cautionary statements and factors affecting future results, please refer to the Company's Annual Report on Form 10-K for the year ended December 31, 2006, and other documents filed by the Company with the SEC.  The Company undertakes no obligation to publicly update or revise any forward-looking statement whether as a result of new information, future developments or otherwise.