CATCo Reinsurance Opportunities Fund Ltd., - Portfolio Update

 Hamilton, Bermuda–: 27 August 2020 – In a filing with the Bermuda Stock Exchange CATCo Reinsurance Opportunities Fund Ltd. (the "Company”; Ticker: CAT.BH) announced Portfolio Update. The full filing stated:

CATCo Reinsurance Opportunities Fund Limited (the “Company”)

27 August 2020

Portfolio Update

The Investment Manager advises of a further release of Side Pocket Investment (“SPI”) capital of approximately $25.6 million which is expected to be paid to the Company during October 2020, and which the Company intends to use to carry out a fifth compulsory partial redemption of its issued share capital.

The breakdown of the payments to the Ordinary Shareholders and C Shareholders is approximately $5.1 million and approximately $20.5 million respectively.

The Company will issue further details of the expected timetable for this fifth compulsory redemption during September 2020.

This announcement contains Inside Information as defined under the Market Abuse Regulation (EU) No. 596/2014.

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For more information on the Bermuda Stock Exchange (BSX), contact Nancy Vieira at 1-441-292-7212 or nvieira@bsx.com . Information is also available at www.bsx.com and on Bloomberg at BSX . Established in 1971 the Bermuda Stock Exchange (BSX) is the leading fully electronic offshore securities market. The BSX specializes in listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants and Insurance Linked Securities. The BSX is a full member of the World Federation of Exchanges (WFE) and is in an O.E.C.D. member nation and an affiliate member of IOSCO. The BSX is recognised by the US SEC as a Designated Offshore Securities Market. 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; and Designated Exchange status under Canada’s Income Tax Act and is a member of America’s Central Securities Depository Association.