Hamilton, Bermuda: 23 February, 2001 - The Board of Directors of ACE Limited (NYSE:ACL) today declared a quarterly dividend of 13 cents per ordinary share, payable on April 13, 2001 to
shareholders of record at the close of business on March 30, 2001.
The ACE Group of Companies provides insurance and reinsurance for a diverse group of clients. The ACE Group conducts its business on a global basis with operating subsidiaries in nearly 50 countries. Additional information can be found at: www.acelimited.com.