LaSalle Re Holdings to Pay Preferred Dividend

Business Wire, Jan 10, 2001

Business Editors

HAMILTON, Bermuda--(BUSINESS WIRE)--Jan. 10, 2001

LaSalle Re Holdings Limited, a wholly owned subsidiary of Trenwick Group Ltd. (NYSE:TWK), announced today that its Board of Directors declared a dividend on January 2, 2001 of $.5469 per share on LaSalle Re Holdings Limited's Series A Preferred Shares (NYSE:LSH pa).

The dividend is payable March 1, 2001 to preferred shareholders of record on January 29, 2001.

LaSalle Re Holdings Limited, through its operating company, LaSalle Re Limited, writes high severity, low frequency reinsurance, primarily property catastrophe reinsurance, on a worldwide basis.