Partial Liquidity for Aspen Re Shareholders

Aspen Insurance Holdings Ltd. (NYSE:AHL) has agreed to repurchase approximately $156 million of its ordinary shares, representing approximately 5.9 million shares, from founding shareholders The Blackstone Group and CSFB Private Equity. The shares are to be repurchased at a price per share of $26.50, representing a 1.7% discount to the closing price on November 30, 2006. Following the share repurchase, Blackstone will hold approximately 11.4 million shares and CSFB Private Equity will hold approximately 4.4 million shares.< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />