Notice of AGM and AGM Record Date

21 April 2010

OMEGA INSURANCE HOLDINGS LIMITED

Notice of Annual General Meeting and AGM Record Date

Omega Insurance Holdings Limited ("Omega") announces that it is mailing to shareholders today the Notice of Annual General Meeting ("AGM"), form of proxy and form of direction for depository interest holders. The Company's AGM will be held on 20 May 2010.

Shareholders entered on the register of members at 5:00pm Bermuda time on 14 April 2010 (the "Record Time and Date") will be entitled to attend and vote at the meeting (either in person or by proxy). Notice of the AGM is being sent to shareholders entered on the register of members at the Record Time and Date.

Copies of these documents are being made available on the Company's website at www.omegauw.com.

Enquiries:

Malcolm Mitchell, Company Secretary +1 441 299 4984

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

Haggie Financial

David Haggie or Juliet Tilley +44 (0)20 7417 8989