The Board of Directors also declared a dividend of $4.875 per Series C 7.80% Cumulative Redeemable Preferred Share, payable on March 1, 2005 to shareholders of record at the close of business on February 28, 2005. This translates to 48.75 cents per Depositary Share.
The ACE Group of Companies is a global leader in insurance and reinsurance serving a diverse group of clients. Headed by ACE Limited, a component of the Standard & Poor's 500 stock index, The ACE Group conducts its business on a worldwide basis with operating subsidiaries in approximately 50 countries. Additional information can be found at: http://www.acelimited.com.
ACE Limited, Hamilton
Investor Contact: Helen M. Wilson, 441-299-9283
Media Contact: Robert T. Grieves, 212-621-8684