OneBeacon Declares Quarterly Dividend,

March 3, 2012

The OneBeacon Insurance Group Ltd. Board of Directors declared a $0.21 per share quarterly dividend, payable in cash on March 30, 2012, to holders of record of Common Shares as of the close of business on March 16, 2012.

OneBeacon Insurance Group,Ltd. is a Bermuda-domiciled holding company that is publicly traded on the New York Stock Exchange under the symbol “OB.”

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