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Partnerre To Release 2002 Second Quarter Results and Host Analyst Conference Call and Webcast

PEMBROKE, BERMUDA, July 10, 2002 - PartnerRe Ltd. (NYSE:PRE) issued an alert today announcing dates for its 2002 second quarter earnings release and conference call.

PartnerRe will release its 2002 second quarter results on Monday August 5, 2002, after market close. PartnerRe senior management will conduct a dial-in conference call, which will include a question and answer period, on Tuesday August 6, 2002, at 11:00 a.m. (EST). Investors and analysts are encouraged to call in 15 minutes prior to the commencement of the call. The conference call can be accessed by dialing (800) 289-0529 or, from outside the United States, by dialing (913) 981-5523. The media are invited to listen to the call live over the Internet on the Investor Information section of PartnerRe's Web site, www.partnerre.com. To listen to the webcast, please log onto the broadcast at least five minutes prior to the start. The webcast will be archived on PartnerRe's Web site.

WHAT: PartnerRe Ltd.

2002 Second Quarter Results & Dial-in Conference

Call/Webcast

WHEN: 2002 Second Quarter Results

Monday August 5, 2002 after market close

Dial-In Conference Call

Tuesday August 6, 2002, at 11:00 a.m. (EST)

DIAL-IN NUMBER: (800) 289-0529 or, from outside the United States, by dialing (913)

981-5523.

WEBCAST: www.partnerre.com. Click on: Investor Information. (Must have

"Real Player" and speakers to listen to webcast on the Internet)

REPLAY: Replay: (888) 203-1112 - Replay, Int'l: (719) 457-0820

Access code: 538410

CONTACTS: Diane Newman, PartnerRe Ltd.

441-292-0888

Jim Barron/Hallie Bozzi, Citigate Sard Verbinnen

212-687-8080