Thursday, December 11, 2008

XL Capital Ltd Issues Statement in Response to Market Rumors

While it is generally not XL Capital Ltd's policy to comment on market rumors, the Company believes in the current circumstances it is appropriate to do so.

The Company remains focused on operating its business and meeting the needs of its customers and is committed to taking actions as necessary to maximize value for its shareholders. In that regard, as can be expected in the current environment, the Company is continuing to explore value-enhancing opportunities available to it and is being assisted in that effort by one of its long-standing financial advisors, Goldman, Sachs & Co. read more

Source: XL Capital Ltd

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