Annuity & Life Re Announces Earnings Release And Conference Call Date HAMILTON, Bermuda, July 28 /PRNewswire-FirstCall/ -- Annuity and Life Re (Holdings), Ltd. today announced the Company will release its earnings for the second quarter of 2004 on Thursday, August 5, 2004, and hold a conference call on Friday, August 6, 2004 at 9:00 a.m. ET. Annuity and Life Re (Holdings), Ltd. provides annuity and life reinsurance to insurers through its wholly owned subsidiaries, Annuity and Life Reassurance, Ltd. and Annuity and Life Reassurance America, Inc. Conference Call Information August 6, 2004 9:00 a.m. Eastern Time To participate, please dial: 719-457-2665 or 888-855-5428, Code # 457890 The call will be available for replay for seven days following the conference call. The replay numbers are: 719-457-0820 or 888-203-1112, Code # 457890. The earnings press release will be available in the "Press Releases" section of the Company's website at http://www.alre.bm/releases_2004.html. Certain financial information that will be made available to financial analysts, and which may be discussed on the conference call, will be available in the "Financial Reports" section of the Company's website at http://www.alre.bm/reports.html . http://www.alre.bm/releases_2004.htmlDATASOURCE: Annuity and Life Re (Holdings), Ltd. CONTACT: John W. Lockwood, Annuity & Life Re (Holdings), Ltd, +1-441-296-7667

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