Bret Pearlman to Depart Aspen's Board HAMILTON, Bermuda, Aug. 5 /PRNewswire-FirstCall/ -- Aspen Insurance Holdings Limited (NYSE:AHL)(BSX:AHLBSX:BH) today announced that Bret Pearlman will step down from the company's Board of Directors. Mr. Pearlman's resignation coincides with his move to Elevation Partners. His resignation is effective immediately. Aspen will seek to fill the vacant directorship left by Mr. Pearlman as soon as practicable and has commenced a search for independent director candidates. "On behalf of the entire Board, I thank Bret for his manifold contributions to Aspen's success," said Chris O'Kane, chief executive officer. "The insights and experiences he brought to bear on Aspen's behalf have made our company stronger. We wish Bret all the best in his new endeavors with Elevation Partners." About Aspen Insurance Holdings Limited Aspen Insurance Holdings Limited (Aspen) was established in June 2002. Aspen is a Bermudian holding company that provides property and casualty reinsurance in the global market, property and liability insurance principally in the United Kingdom and surplus lines insurance in the United States. Aspen's operations are conducted through its wholly owned subsidiaries located in London, Bermuda and the United States: Aspen Insurance UK Limited (Aspen Re), Aspen Insurance Limited (Aspen), Aspen Specialty Insurance Company (Aspen Specialty) and Aspen Re America Inc (Aspen Re America). Aspen's reinsurance segment consists of property reinsurance, casualty reinsurance and specialty reinsurance lines of business. Aspen's insurance segment consists of commercial property, commercial liability and U.S. surplus insurance lines of business. Aspen's principal existing shareholders include The Blackstone Group, Candover Partners Limited, Wellington Underwriting plc and Credit Suisse First Boston Private Equity. DATASOURCE: Aspen Insurance Holdings Limited CONTACT: Investors - Noah Fields, Head of Investor Relations, or Julian Cusack, Chief Financial Officer, both of Aspen Insurance Holdings Limited, +441-297-9382; or US - Carina Thate or Jason Thompson, both of The Abernathy MacGregor Group, +1-212-371-5999, for Aspen Insurance Holdings Limited; or UK - Emma Burdett or Brian Hudspith, both of The Maitland Consultancy, +44-20-7379-5151, for Aspen Insurance Holdings Limited

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