AXIS to Release Q1 Earnings; Conference Call Details

Bermuda-based AXIS Capital Holdings Limited expects to release financial results for the first quarter ended March 31, 2007, today, April 30, 2007, after the close of the financial markets.

John Charman, CEO and President, and David Greenfield, CFO, will host an investment community teleconference, including a question and answer period, on Tuesday, May 1, 2007, at 8:00 AM (Eastern) to discuss the first quarter results and related matters.

The teleconference can be accessed by dialing (800) 659-1966 (U.S. callers) or (617) 614-2711 (international callers) and entering the pass code 33693955 approximately ten minutes in advance of the call. A live, listen-only web cast of the call will be available via the Investor Information section of the Company’s web site at: www.axiscapital.com.