Citrus Re Ltd - Series 2017-1 Class A Principal At-Risk Variable Rate Notes - Partial Redemption & Maturity Extension

Hamilton, Bermuda – 17 March 2020 – In a filing with the Bermuda Stock Exchange (the “BSX”), Citrus Re Ltd., (the “Issuer”), announced the partial redemption and maturity extension for the Citrus Re Ltd - Series 2017-1 Class A Principal At-Risk Variable Rate Notes Due 18 March 2020. The maturity date of the Notes has now been extended to 20 March 2023 and $36,699,756 of the Notes are outstanding.

The listing has been amended as follows:

·               Description of Securities: - Series 2017-1 Class A Principal At-Risk Variable Rate Notes due March 20, 2023

·               Nominal Amount of Securities: -USD$36,699,756 of Notes

Enquiries Via:

Mr. Sherman Taylor

c/o Estera Securities (Bermuda) Limited

(441) 294-8012