Endurance and Montpelier Announce Results of Special General Meetings

Endurance Specialty Holdings Ltd.

("Endurance") and Montpelier Re Holdings Ltd.

("Montpelier") today announced that Montpelier common shareholders voted in favor of the proposed merger (the "Merger") with Millhill Holdings Ltd., a direct, wholly-owned subsidiary of Endurance, at a special general meeting of Montpelier common shareholders held today, June 30, 2015, in Pembroke, Bermuda. It was also announced that Endurance ordinary shareholders voted in favor of the proposed Endurance ordinary share issuance in connection with the Merger at a special general meeting of Endurance ordinary shareholders held today, June 30, 2015, in Pembroke, Bermuda. The Merger remains subject to other customary closing conditions, including receipt of regulatory approvals. Endurance and Montpelier expect to complete the Merger early in the third quarter of 2015.