Validus Quarterly Dividend, Share Repurchase

February 5, 2014

Bermuda-based Validus Holdings, Ltd. has declared a quarterly dividend of $0.30 per common share and $0.30 per common share equivalent for which each outstanding warrant is exercisable. The dividend is payable on March 31, 2014 to shareholders and warrant holders of record on March 14, 2014.

In addition, Validus has authorized an increase in the Company’s common share repurchase authorization to $500.0 million.

Jeff Sangster, Validus’ Chief Financial Officer commented: “Validus remains committed to returning excess capital to shareholders as evidenced by this latest increase in our common share repurchase authorization to $500 million.

“As previously noted, we see share repurchases as the most effective method of achieving our capital management objectives given current valuations.”

The Company expects the repurchases to be made from time to time in the open market or in privately negotiated transactions.

The timing, form and amount of the share repurchases under the program will depend on a variety of factors, including market conditions, the Company’s capital position relative to internal and rating agency targets, legal requirements and other factors. T

he repurchase program may be modified, extended or terminated by the Board at any time.

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