Partial Liquidity for Aspen Re Shareholders

Aspen Insurance Holdings Ltd. (NYSE:AHL) has agreed to repurchase approximately $156 million of its ordinary shares, representing approximately 5.9 million shares, from founding shareholders The Blackstone Group and CSFB Private Equity. The shares are to be repurchased at a price per share of $26.50, representing a 1.7% discount to the closing price on November 30, 2006. Following the share repurchase, Blackstone will hold approximately 11.4 million shares and CSFB Private Equity will hold approximately 4.4 million shares. www.aspen.bm