ADVISORY/Scottish Annuity & Life Holdings, Ltd. Schedules Q1 2002 Earnings Release and Conference Call for May 8.

Business Editors

ADVISORY...Wednesday (May 8)

HAMILTON, Bermuda--(BUSINESS WIRE)--April 8, 2002

Scottish Annuity & Life Holdings, Ltd. (NYSE:SCT) will release earnings for the first quarter ended March 31, 2002 at 6:00 AM (EDT) on Wednesday, May 8, 2002. You are cordially invited to attend an earnings conference call with the Company's management later that day.

Date:                      May 8, 2002
Time:                      11:00 AM, EDT
Webcast:                   www.scottishannuity.com/conferencecall
Dial In:                   703/871-3021 or 800/982-3654
Confirmation #:            5926552

A replay of the call will be available beginning at 3:00 PM on Wednesday, May 8, 2002 and running through Wednesday, May 22, 2002. The dial-in number for the replay is 703/925-2533 or 888/266-2081 and the access code is 5926552.

An on-demand replay of the call will be available on the web at http://www.scottishannuity.com.