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Everest Re Group Announces Dividend

February 20, 2004

Everest Re Group Ltd. announced that its Board of Directors declared a dividend of $0.10 per share payable on or before March 19, 2004 to all shareholders of record as of March 1, 2004.

Everest Re Group Ltd. is a Bermuda holding company that operates through the following subsidiaries:
· Everest Reinsurance Company provides reinsurance to property and casualty insurers in both the US and international markets.
· Everest Reinsurance (Bermuda) Ltd. provides reinsurance and insurance to worldwide property and casualty markets and reinsurance to life insurers.
· Everest National Insurance Company and Everest Security Insurance Company provide property and casualty insurance to policyholders in the United States.
· Everest Indemnity Insurance Company offers excess and surplus lines insurance in the United States.

Additional information on Everest Re Group companies can be found at the group’s Web site at .

Topics USA Reinsurance Property Casualty

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