Sterling conversion rate for dividend

5 Oct 2009 15:15

5 October 2009

OMEGA INSURANCE HOLDINGS LIMITED

Sterling Conversion Rate for Dividend

Omega Insurance Holdings Limited ("Omega") previously declared an Interim Dividend of US$0.06 per common share ("Interim Dividend"). The Interim Dividend, announced on 27 August 2009, will be payable on 28 October 2009 to those shareholders on the register as at 2 October 2009.

For those shareholders who have elected to receive their dividend in Pounds Sterling, the dividend will be 3.775 pence per share based upon the exchange rate of US$1.5894 = £1 on 2 October 2009.

Enquiries:

Malcolm Mitchell, Company Secretary Tel: +1 441 299 4984

Jeremy Gorman, Assistant Company Secretary Tel: +44 (0)20 7935 0027