CATCo Reinsurance Opportunities Fund Ltd - Acquisition of Share Interests by CEO of Investment Manager

24 September 2018

Hamilton, Bermuda: 24 September 2018 — In a filing with the Bermuda Stock Exchange CATCo Reinsurance Opportunities Fund Ltd., (the "Company”; Ticker: CAT.BH), announced Tony Belisle, Chief Executive Officer of Markel CATCo Investment Management Ltd., purchases Depositary Interests in Ordinary Shares of the Company. The full filing stated:

Tony Belisle, Chief Executive Officer of Markel CATCo Investment Management Ltd., the Company’s Investment Manager, purchased 1,000,000 Depositary Interests in C Shares of the Company at an average price of $0.9875 per share, on 24 September 2018.

For further information:

Markel CATCo Investment Management Ltd.

Judith Wynne

General Counsel

Telephone: +1 441 493 9005

Email: judith.wynne@markelcatco.com

Mark Way

Chief of Investor Marketing

Telephone: +1 441 493 9001

Email: mark.way@markelcatco.com

Numis Securities Limited

David Benda / Hugh Jonathan

Telephone: +44 (0) 20 7260 1000