HAMILTON, Bermuda -- (Business Wire)

On March 15, 2012, Montpelier Re Holdings Ltd. (“the Company”, NYSE: MRH) issued a press release announcing that its Board of Directors had declared a quarterly dividend of $0.105 per Common Share and $0.554688 per 8.875% Non-Cumulative Preferred Share, Series A with the dividends payable on or about April 15, 2012.

The Company’s press release originally announced that the record date for these dividends was to be March 31, 2012, however since March 31, 2012 is a non-trading day per New York Stock Exchange regulations, the effective record date for the dividends has been revised to be March 30, 2012.

The Company, through its operating subsidiaries, is a premier provider of global property and casualty reinsurance and insurance products. Additional information can be found in the Company’s public filings with the Securities and Exchange Commission.

This press release may contain "forward-looking" statements within the meaning of the United States federal securities laws, pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, that are not historical facts, including statements about our beliefs and expectations. All forward-looking statements are based upon current plans, estimates and projections. Actual results could differ materially from those projected in any forward-looking statements, as a result of certain risk factors disclosed previously, and from time to time, in the Company’s filings with the United States Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts:

Montpelier Re Holdings Ltd.
Investors:
William Pollett, 441-299-7576
Chief Corporate Development and Strategy Officer, Treasurer & SVP
or
Media:
Jeannine Menzies, 441-299-7570
Corporate Affairs Manager

Source: Montpelier Re Holdings Ltd.