Director/PDMR Shareholding

CATCo Reinsurance Opportunities Fund Ltd. ("the Company")

Director Dealings

The Company was notified on 25 September 2013 that Margaret Gadow,non-executive director of the Company, acquired 47,805 ordinary shares of $0.0001 each ("Ordinary Shares") at a price of $1.00 per share on 25 September 2013.

Following this announcement, Ms.Gadow's beneficial holding of Ordinary Shares is 47,805 representing 0.013 per cent. of the issued share capital.

Mark Way

Corporate Communications Director

CATCo Investment Management Ltd

Telephone: +44 7786 116991

Email: mark.way@catcoim.com 

David Benda / Hugh Jonathan

Numis Securities Limited

Telephone: +44 (0) 20 7260 1000

John Whiley

Prime Management Ltd.

Telephone: +1 441 295 0329

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