BF&M Announce Board Appointment

Hamilton, Bermuda: April 03,2008 - The Chairman of BF&M Limited, Glenn M. Titterton, on behalf of the Board of Directors, is pleased to announce the appointment of Catherine S. Lord as a Director of BF&M Limited.

Mrs. Lord has over 30 years of experience in the international reinsurance market. Mrs. Lord started her insurance career with BF&M in 1972. Prior to her retirement, Mrs. Lord was a Vice President with Johnson & Higgins (Bermuda) Ltd responsible for developing Captive Reinsurance as well as managing claims. During her 20 year career with Johnson & Higgins, Mrs. Lord was involved in areas such as brokering, accounting, treaty negotiations and change management.

Mrs. Lord has held positions on a number of local Boards including Bermuda Press Holdings, the Bermuda Botanical Trust and the Immigration Board. She is currently serving on the Board of Governors of Packwood Home and L.C.C.A.

BACKGROUND
BF&M Limited is the holding company of the BF&M Insurance Group. The two largest operating companies within the Group are BF&M Life Insurance Company Limited, a leading provider of life, health and pensions products, and BF&M General Insurance Company Limited, the leading general insurer providing all forms of property, casualty, motor and marine products. The group includes several other companies including North Atlantic Asset Management Limited, Bermuda International Insurance Services Limited, Marchmont Insurance Company Limited, and BF&M Properties Limited, (including Scarborough Property Holdings Limited and Barr's Bay Properties Limited)

For further information contact :
R. John Wight C.A,, President & Chief Executive Officer
Phone 295 5566, Fax 292 8831, e-mail jwight@bfm.bm