Watford Holdings Ltd. Explores Avenues Toward Public Trading

Watford Holdings Ltd. announced that it is currently exploring potential
avenues toward becoming a registered, publicly-traded company. No
decisions have been taken at this point on the structure or timing of
any such action, and no assurance can be given that such an action will
be pursued.

This press release is being made pursuant to, and in accordance with,
Rule 135 under the Securities Act of 1933, as amended. This press
release does not constitute an offer to sell or the solicitation of an
offer to buy securities, and shall not constitute an offer, solicitation
or sale in any jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of that jurisdiction.

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