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Everest Re dividend

yesterday announced that its Board of Directors declared a dividend of $0.06 per share payable on or before September 22, 2000 to all shareholders of record as of September 1, 2000.

Everest Re Group Ltd., a Bermuda holding company that operates through Everest Reinsurance Company, provides reinsurance to property and casualty insurers in both the US and international markets.

Everest Reinsurance (Bermuda), Ltd. provides reinsurance to property and casualty and life insurers in both the Bermuda and international markets.

Everest National Insurance Company provides property and casualty insurance to policyholders in the United States. Everest Indemnity Insurance Company offers excess and surplus lines insurance in the United States. Southeastern Security Insurance Company provides personal lines coverage in Georgia. Everest Insurance Company of Canada provides property and casualty insurance to policyholders in Canada.