11/24/2015 -- Endurance Specialty Holdings Ltd. announced today that it has issued a notice to redeem on December 24, 2015 all 8,000,000 shares outstanding of its Series A Preferred Shares. The Series A Preferred Shares will be redeemed at a redemption price of $25.00 per share together with an amount equal to any dividends that have been declared but not paid prior to December 24, 2015.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Endurance Specialty Holdings Ltd, 7.75% Non-Cumulative Preferred Shares, Series A, liquidation preference $25 per share, redeemable at the issuer's option on or after 12/15/2015 at $25 per share plus declared and unpaid dividends, and with no stated maturity. Noncumulative distributions of 7.75% ($1.9375) per annum are paid quarterly on 3/15, 6/15, 9/15 & 12/15 to holders of record on the 15th calendar day prior to the payment date or on the date fixed by the board, not more than 60 days or less than 10 days prior to the payment date (NOTE: the ex-dividend date is at least 2 business days prior to the record date). Dividends paid by these preferred shares are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) but, since they are issued by a foreign company, are NOT eligible for the dividends received deduction for corporate holders (see page S-32 of the prospectus for further information). In regards to payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Distribution Dates	15% Tax Rate
NYSE Chart	7.75% $1.9375	$25.00 $25.00	Called for 12/24/2015 None	Ba1 BBB- 11/21/2015	3/15, 6/15, 9/15 & 12/15 Click for MW ExDiv Date Click for Yahoo ExDiv Date	YES

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HOME PAGE:     http://www.endurance.bm/
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Email Address	investorrelations@endurance.bm
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Foreign Address and Phone Numbers

Address:   Wellesley House, 90 Pitts Bay Road, Pembroke HM 08, Bermuda
Main Phone Number	441-278-0400
Fax Number	441-278-0401
Inv Rel Phone Number	441-278-0988