EVEREST RE GROUP, LTD.

Wessex House, 45 Reid Street, 2nd Floor, Hamilton HM DX, Bermuda

Contact: Elizabeth B. Farrell Vice President, Investor Relations Everest Global Services, Inc. 908.604.3169

Everest Re Group Announces First Quarter Earnings Release Date

HAMILTON, Bermuda – April 6, 2009 -- Everest Re Group, Ltd. (NYSE: RE) will release its First Quarter 2009 earnings after close of trading on the NYSE on April 29, 2009.

A conference call discussing the results will be held at 8:30 a.m. Eastern Time on April 30, 2009. The call will be available on the Internet at the Company’s website, www.everestre.com or at www.streetevents.com.

Everest Re Group, Ltd. is a Bermuda holding company that operates through the following subsidiaries: Everest Reinsurance Company provides reinsurance to property and casualty insurers in both the U.S. and international markets. Everest Reinsurance (Bermuda), Ltd., including through its branch in the United Kingdom, provides reinsurance and insurance to worldwide property and casualty markets and reinsurance to life insurers. Everest National Insurance Company and Everest Security Insurance Company provide property and casualty insurance to policyholders in the U.S. Everest Indemnity Insurance Company offers excess and surplus lines insurance in the U.S. Additional information on Everest Re Group companies can be found at the Group’s web site at www.everestre.com