CORRECTING and REPLACING Arch Capital Group Ltd. to Report 2007 Fourth Quarter Results on February 11, 2008

Headline of release should read: Arch Capital Group Ltd. to Report 2007 Fourth Quarter Results on February 11, 2008 (sted Arch Capital Group Ltd. to Report 2007 Fourth Quarter Results on February 12, 2008).

The corrected release reads:

ARCH CAPITAL GROUP LTD. TO REPORT 2007 FOURTH QUARTER RESULTS ON FEBRUARY 11, 2008

Arch Capital Group Ltd. (NASDAQ: ACGL) announced that it expects to release its 2007 fourth quarter results after the close of regular stock market hours on Monday, February 11, 2008. The Company will hold a conference call for investors and analysts at 11:00 a.m. Eastern Time on Tuesday, February 12, 2008.

A live webcast of this call will be available via the Media-Earnings Webcasts section of the Companys website at http://www.archcapgroup.bm and will be archived on the website from 1:00 p.m. Eastern Time on February 12 through midnight Eastern Time on March 12, 2008. A telephone replay of the conference call also will be available beginning on February 12 at 1:00 p.m. Eastern Time until February 19, 2008 at midnight Eastern Time. To access the replay, domestic callers should dial 888-286-8010 (passcode 57998007), and international callers should dial 617-801-6888 (passcode 57998007).

Arch Capital Group Ltd., a Bermuda-based company with approximately $4.2 billion in capital at September 30, 2007, provides insurance and reinsurance on a worldwide basis through its wholly owned subsidiaries.

Contacts:

Arch Capital Group Ltd.
John D. Vollaro, 441-278-9250

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