HCC 2.00% NOTES REMAIN CONVERTIBLE
IN THIRD QUARTER
HOUSTON (July 3, 2006) . . .
HCC Insurance Holdings, Inc. (NYSE symbol: HCC) is issuing this
release under the required notice provisions of its convertible notes. Based
upon its share performance during the Second Quarter 2006, its originally
issued and exchanged 2.00% Convertible Notes due 2021 (collectively, the
“Convertible Notes”) will be convertible under the terms of their respective
Indentures during the Third Quarter 2006.
Holders of the Convertible Notes may obtain information on how to convert
their notes by contacting the Conversion Agent at:
U.S. Bank Corporate Trust Services
5847 San Felipe, Suite 1050
Houston, Texas 77057
Attention: Steven A. Finklea
Tel: (713) 278-4321
HCC is an international insurance holding company and a leading specialty
insurance group since 1974, based in Houston, Texas with offices across the
USA and in Bermuda, England and Spain. HCC has assets exceeding $7 billion
and is rated AA (Very Strong) by Standard & Poor’s and A+ (Superior) by A.
M. Best Company.
For more information, visit our website at
www.hcc.com.
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Contact:
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L. Byron Way, Vice
President
HCC Insurance Holdings, Inc.
Telephone: (713) 690-7300
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Forward-looking statements contained in this press
release are made under “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995 and involve a number of risks
and uncertainties. The types of risks and uncertainties which may
affect the Company are set forth in its periodic reports filed with
the Securities and Exchange Commission. |
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