Net Assets Value(s)

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

Net Asset Value

CATCo Investment Management Ltd, as Company Secretary, announces the unaudited net asset values of the Company's Ordinary Shares and C Shares of $0.9679 and $1.1187, respectively, as at the close of business on 30 June 2012.

For further information, please contact:

Mark Way / Michael Toyer

Corporate Communications Director / Head of Investment Accounting

CATCo Investment Management Ltd

Telephone: +44 7786 116991 / +441 531 8426

Email: mark.way@catcoim.com / michael.toyer@catcoim.com 

David Benda / Hugh Jonathan

Numis Securities Limited

Telephone: +44 (0) 20 7260 1000

John Whiley

Prime Management Ltd

Tel: +1 (441) 295 0329

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