Primus Guaranty, Ltd. Conference Call to Discuss 1st Quarter 2007 Earnings Set for Wednesday, May 9, 2007, 11 A.M. Eastern Standard Time.HAMILTON, Bermuda -- Primus Guaranty, Ltd. (NYSE NYSESee: New York Stock Exchange :PRS PRS Partnership (IRB) PRS Printer (File Name Extension) PRS Paul Reed Smith (Guitar Brand) PRS Pairs (shoe industry) ) announced that it will host a conference call for investors on Wednesday, May 9, 2007 at 11 a.m. Eastern Standard Time to discuss its 1st quarter 2007 earnings, which are scheduled for release between 7 a.m. and 9 a.m. Eastern Standard Time Wednesday, May 9, 2007. A copy of the earnings press release and financial supplement will be available in the Investor section of the company's website, located at www.primusguaranty.com. The conference call will be available via live or archived webcast at http://ir.primusguaranty.com/ by dialing 800-659-1942 (domestic) and 617-614-2710 (international), Passcode 80011729. A replay of the call will be available from Wednesday, May 9, 2007 at 1 p.m. Eastern Standard Time until Wednesday, May 30, 2007 at 5 p.m. Eastern Standard Time. To listen to the replay, dial 888-286-8010 (domestic) or 617-801-6888 (international), Passcode 41441566. About Primus Guaranty Primus Guaranty, Ltd. is a Bermuda company, with its principal operating subsidiaries, Primus Financial Products, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , Primus Asset Management, Inc. and PRS Trading Strategies, LLC, headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . Primus Financial Products, offers protection against the risk of default on corporate, sovereign and asset-backed security Asset-backed security A security that is collateralized by loans, leases, receivables, or installment contracts on personal property, not real estate. asset-backed security A debt security collateralized by specific assets. obligations through the sale of credit swaps to dealers and banks. As a swap counterparty, Primus Financial Products is rated Aaa by Moody's Investor Service, Inc. and AAA by Standard & Poor's Rating Services. Primus Asset Management provides credit portfolio management services to Primus Financial Products, manages a collateralized loan obligation Collateralized loan obligation (CLO) A security backed by a pool of commercial or personal loans , structured so that there are several classes of bondholders with varying maturities, called tranches. Similar in structure to Collateralized Mortgage Obligations. and three synthetic collateralized debt obligations for selected third parties, and manages PRS Trading Strategies. |
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