Hamilton, Bermuda - 10 January 2018 - In a filing with the Bermuda Stock Exchange (the 'BSX'), Fibonacci Reinsurance Ltd., (the 'Issuer'), announced the partial redemption of US$136,700,000 and maturity extension for the Fibonacci Reinsurance Ltd., Series 2017-1 Class A Participating Notes due 10 January 2018. The maturity date of the Notes has now been extended to 10 April 2018 and $3,300,000 of the notes are now outstanding.

Enquiries Via:

Mrs. Kim Gibson

Clarien BSX Services Ltd.

Tel: (441) 294-2471

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