HAMILTON, Bermuda, Oct. 29 /PRNewswire-FirstCall/ -- Platinum Underwriters Holdings, Ltd. (NYSE:PTP) announced today that the Board of Directors has declared a quarterly dividend of $0.08 per common share. The dividend is payable on December 31, 2009 to shareholders of record on December 1, 2009. About Platinum Platinum Underwriters Holdings, Ltd. (NYSE:PTP) is a leading provider of property, casualty and finite risk reinsurance coverages, through reinsurance intermediaries, to a diverse clientele on a worldwide basis. Platinum operates through its principal subsidiaries in Bermuda and the United States. The Company has a financial strength rating of A (Excellent) from A.M. Best Company, Inc. For further information, please visit Platinum's website at http://www.platinumre.com/. DATASOURCE: Platinum Underwriters Holdings, Ltd. CONTACT: Lily Outerbridge, Investor Relations, +1-441-298-0760 Web Site: http://www.platinumre.com/

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