Scottish Re Announces First Quarter 2007 Earnings Conference Call

HAMILTON, Bermuda, April 23 /PRNewswire-FirstCall/ -- Scottish Re Group Limited , a global life reinsurance specialist, today announced it will release earnings for the first quarter ended March 31, 2007, after the close of the New York Stock Exchange trading day on Wednesday, May 9, 2007. Paul Goldean, Scottish Re's chief executive officer, and Dean Miller, the company's chief financial officer, will host an earnings conference call to discuss the first quarter at 8:30 am Eastern Time on Thursday, May 10, 2007.

To access the conference call, please dial +1- 888-459-5609 (U.S.) or +1- 973-321-1024 (International). Please ask to be connected to Scottish Re's First Quarter 2007 Earnings Call and provide the following passcode: 8718097. The conference call will also be broadcast live via audio webcast, which will be available on the home page of Scottish Re's website at http://www.scottishre.com/.

Following the earnings conference call, a replay of the call will be available for two weeks by dialing +1- 877-519-4471 (U.S.) or +1- 973-341-3080 (International) beginning at 10:30 am Eastern Time on Thursday, May 10, 2007 and ending at midnight on Wednesday, May 23, 2007. The passcode for the call replay is: 8718097. An audio webcast of the call will be archived and available for the same period on Scottish Re's website at http://www.scottishre.com/.

About Scottish Re

Scottish Re Group Limited is a global life reinsurance specialist. Scottish Re has operating businesses in Bermuda, Grand Cayman, Guernsey, Ireland, Singapore, the United Kingdom and the United States. Its flagship operating subsidiaries include Scottish Annuity & Life Insurance Company (Cayman) Ltd., Scottish Re (U.S.), Inc., and Scottish Re Limited. Additional information about Scottish Re Group Limited can be obtained from its Web site, http://www.scottishre.com/.

Certain statements included herein are "forward-looking statements" within the meaning of the federal securities laws. The management of Scottish Re Group Limited (the "Company") cautions that forward-looking statements are not guarantees and actual results could differ materially from those expressed or implied in the forward-looking statements. Investors are also directed to consider the risks and uncertainties discussed in documents filed by the Company with the Securities and Exchange Commission.

Media / Investor Inquiries Sarah Lubman / Catherine Jones Brunswick Group 212-333-3810