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Converium share buyback continues

Converium Holding has announced that it has repurchased 600 000 shares in the period of January 1 through March 31, 2006 on the SWX Swiss Exchange in conjunction with its share delivery obligations under the various Employee Participation Plans.

Converium Holding added that it will continue its repurchases of own stock in order to fulfill its share delivery obligations under the various Employee Participation Plans.

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