Max Re Capital Ltd. (MXRE) Chairman, President and Chief Executive Officer to Ring the NASDAQ Stock Market Opening Bell


MEDIA ADVISORY, July 31, 2006 (PRIMEZONE) --



 What:
 Robert J. Cooney, Chairman, President and Chief Executive Officer of
 Max Re Capital Ltd. (MXRE) will preside over the opening bell.

 Where:
 NASDAQ MarketSite - 4 Times Square - 43rd & Broadway - Broadcast Studio

 When:
 Tuesday August 1st, 2006 at 9:30 a.m. EDT

 Contacts:
 Sheila Gringley
 441-296-8800
 SheilaG@maxre.bm

 NASDAQ MarketSite:
 Stephanie Lowenthal; 646.441.5220

Feed Information:

The opening bell is available from 9:20 a.m. to 9:35 a.m. on uplink IA-5 C-band/transponder 14. The downlink frequency is 3980 horizontal; audio: 6.2/6.8. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Stephanie Lowenthal at (646) 441-5220.

Photos:

To obtain a hi-resolution photograph of the Market Open, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market open of your choice.

About Max Re Capital Ltd. (MXRE):

From offices in Bermuda and Dublin, Max Re underwrites a wide range of property and casualty reinsurance and insurance transactions, as well as life and annuity reinsurance. We expect to create value by generating an underwriting profit and by utilizing an investment strategy that combines investment in traditional high-grade fixed income securities, tailored to the underlying insurance liabilities, with a significant allocation to alternative investment classes.