Redemption of Government of Bermuda - 5.603% Senior Notes Due 2020

Hamilton, Bermuda – 21 November 2018-: The Government of Bermuda has advised the Bermuda Stock Exchange following the tender, in accordance with their terms as of 15 November 2018, US$86,543,000 of the Bermuda Stock Exchange (“BSX”) listed 5.603% Senior Notes Due 2020 (the “Notes”), have been voluntarily delisted.

The Government of Bermuda further advised that the remaining US$137,392,000 of Notes were redeemed and have also been voluntarily delisted.

The withdrawal from listing on the BSX was effective as of 20 November, 2018.

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For more information on the Bermuda Stock Exchange (BSX), contact James McKirdy at 1-441-292-7212 or jmckirdys@bsx.com. Information is also available at www.bsx.com and on Bloomberg at BSX <GO> The BSX was founded in 1971 and is the world’s leading fully electronic offshore securities market. The BSX list equities, mutual funds and bonds, depository receipts and derivative warrant securities. The BSX is a full member of the World Federation of Exchanges (WFE) and an affiliate member of IOSCO. In addition, the BSX is recognized by the U.S. Securities & Exchange Commission (SEC) as a Designated Offshore Securities Market under Regulation S; The Financial Services Authority in the UK as a Designated Investment Exchange; HM Revenue & Customs in the UK as a Recognized Stock Exchange; The Bermuda Monetary Authority as a Recognised Investment Exchange and as an Approved Stock Exchange under Australia’s Foreign Investment Funds (FIF) taxation rules.