CATCo Reinsurance Opportunities Fund Ltd. - Adaptation of Special General Meeting

Hamilton, Bermuda–: 03 April 2020 – In a filing with the Bermuda Stock Exchange CATCo Reinsurance Opportunities Fund Ltd. (the "Company”; Ticker: CAT.BH) announced adaptation of SGM. The full filing stated:

3 April 2020

CATCo Reinsurance Opportunities Fund Ltd. (the "Company")

Adaptation of Special General Meeting and Class Meetings of Shareholders on 6 April 2020 due to COVID-19

The Company has adapted the way in which the Special General Meeting of Shareholders and the separate Class Meetings of the Holders of Ordinary Shares and C Shares (the “Shareholder Meetings”) shall be held on 6 April 2020. These changes are related to the measures imposed by the Bermuda government to reduce the evolving outbreak of COVID-19 (coronavirus) and in view of the health of all directly involved in the meeting.

In order to ensure that any Shareholders wishing to attend the Shareholder Meetings may safely do so in compliance with the measures imposed by the Bermuda government, it has been decided that all persons attending the Shareholder meetings may only do so telephonically, as is permitted by the Company’s Bye-Laws.

Any Shareholder or proxy appointed by a Shareholder who wishes to attend the Shareholder Meetings is requested to contact Judith Wynne, General Counsel, Markel CATCo Investment Management Ltd. (the “Investment Manager”) (whose contact details appear below) in order to obtain details of how to join the teleconference. Such Shareholders or proxies are requested to provide details of their registered shareholding or proxy appointment in order that their entitlement to attend may be verified.

As is normally the case, Shareholders who have already submitted their proxy votes appointing the Chairman of the Shareholder Meetings to vote on their behalf in accordance with their instructions do not need to attend the Shareholder Meetings in order to have their votes exercised, unless they wish to ask questions.

The Investment Manager and the Company are monitoring the developments with respect to COVID-19 measures closely and shall take additional measures when necessary. All information regarding the Shareholder Meetings can be found in the Shareholder Circular issued by the Company on 13 March 2020 (which appears on the Company’s website at http://www.catcoreoppsfund.com/documents/announcements/2020-03-13_circular.pdf).