HAMILTON, Bermuda, February 1 /PRNewswire-FirstCall/ -- Validus Holdings, Ltd. ("Validus") or (the "Company") today announced the appointment of The Honourable C. Jerome Dill as General Counsel of the Company and its wholly owned subsidiary, Validus Reinsurance, Ltd. The appointment will be effective from April 1, 2007. Jerome Dill joins Validus after a 21 year tenure with the law firm Appleby Hunter Bailhache. He became a partner of the firm in 1991 and team leader of the firm's Immigration and Employment Practice in 2001. In recent years, he has advised on a number of transactions in relation to Insurance and Reinsurance entities in Bermuda. Mr. Dill has also had a distinguished political career. He served as Deputy Premier of Bermuda from 1995 to 1998 and undertook active community work throughout the 1990s. He served in the Education and Human Affairs Ministries, on various commissions and committees and was an active member of the Bermuda Chamber of Commerce. Ed Noonan, Chairman and Chief Executive Officer of Validus Holdings, Ltd. commented: "We are extremely pleased to welcome such a talented attorney and respected Bermudian to the Validus team. We have worked closely with Jerome since our Company's inception in late 2005 and he has been a trusted adviser throughout this time. Validus' first year of operations has been extremely successful and Jerome's in-house counsel will be invaluable as Validus continues to grow its operations." Mr. Dill said: "I look forward to joining Validus, an impressive company which has established itself in the market place. I have had the privilege of working with the executive team and look forward to expanding our professional relationship." Mr. Dill holds a Bachelor of Laws Degree from the London School of Economics, a Master of Laws Degree from University College London and Bachelor of Arts Degree in Economics from Dalhousie University. He was admitted to the Bar in England and Wales in 1985 and in Bermuda in 1986. About Validus Holdings, Ltd. Validus Holdings, Ltd. is a specialized Bermuda-based provider of reinsurance, conducting its operations worldwide through its wholly-owned subsidiary Validus Reinsurance, Ltd. DATASOURCE: Validus Holdings, Ltd. CONTACT: Further information: David Haggie/Juliet Tilley, Haggie Financial, Tel: +44-(0)20-7417-8989

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