Director/PDMR Shareholding

Catlin Group Limited
10 November 2005

REG-Catlin Group Limited Director/PDMR Shareholding

Catlin Group Limited

    NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
                      RESPONSIBILITY OR CONNECTED PERSONS
                                        
On 9 November 2005, Catlin Group Limited received the following notification:

'Pursuant to the obligations imposed on CMBP II (Cayman) Catlin Limited and 
CMBP II Parallel (Cayman) Catlin Limited (together 'Cypress') by DR 3.1.2 and 
DR 3.1.3 of the Disclosure Rules, Cypress as connected persons with William
Spiegel, give notice of the information set out below:

On 3 November 2005, Cypress entered into a contract to sell depositary interests
representing the Common Shares listed below at a price of 480 pence per Common
Share.'

Company   Number      Shares              Name of       Date and place of the
                                          Company       transaction

CMBP II   7,588,187   Common Shares of    Catlin Group  3 November 2005, London
(Cayman)              USD 0.01 each       Limited       Stock Exchange
Catlin
Limited                             

CMBP II      411,813  Common Shares of    Catlin Group  3 November 2005, London
Parallel              USD 0.01 each       Limited       Stock Exchange
(Cayman)
Catlin
Limited


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