Hamilton, Bermuda 11 May 2001 - The Board of
Directors of ACE Limited (NYSE:ACE BSX:ACL.BH) today voted to increase the quarterly dividend to 15 cents per ordinary share from 13 cents per
ordinary share, payable on July 13, 2001 to shareholders of record at the close of business on June 29, 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.