EXHIBIT 4
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JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange
Act of 1934, as amended, the undersigned agree to the joint filing on behalf of
each of them of amendments to the statement on Schedule 13D (including
amendments thereto) (the "Schedule 13D") with respect to the common stock, par
value $1.00 per share, of PXRE Group Ltd .and further agree that this Joint
Filing Agreement shall be included as an exhibit to the joint filing of the
Amendment No. 4 to the Schedule 13D.
The undersigned further agree that each party hereto is
responsible for the timely filing of such Schedule 13D and any amendments
thereto, and for the completeness and accuracy of the information concerning
such party contained therein; provided, however, that no party is responsible
for the completeness or accuracy of the information concerning any other party
making the filing, unless such party knows or has reason to believe that such
information is inaccurate.
This agreement may be executed in two or more counterparts,
each of which shall be deemed an original, but all of which together shall
constitute one and the same instrument.
IN WITNESS WHEREOF, the parties have executed this Joint
Filing Agreement on October 7, 2005.
Reservoir Capital Group, L.L.C.
By: /s/ Xxxxx Xxxx
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Xxxxx Xxxx
President
Reservoir Capital Partners, L.P.
By: Reservoir Capital Group, L.L.C., its sole
general partner
By: /s/ Xxxxx Xxxx
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Xxxxx Xxxx
President
Reservoir Capital Master Fund, L.P.
By: Reservoir Capital Group, L.L.C., its sole
general partner
By: /s/ Xxxxx Xxxx
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Xxxxx Xxxx
President
Reservoir Capital Master Fund II, L.P.
By: Reservoir Capital Group, L.L.C., its sole
general partner
By: /s/ Xxxxx Xxxx
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Xxxxx Xxxx
President
Reservoir Capital Investment Partners, L.P.
By: Reservoir Capital Group, L.L.C., its sole
general partner
By: /s/ Xxxxx Xxxx
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Xxxxx Xxxx
President
RCGM, LLC
(f/k/a Reservoir Capital Management, L.L.C.)
By: /s/ Xxxxx Xxxx
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Xxxxx Xxxx
President
Reservoir Master Fund, L.P.
By: RMG GP, LLC, its sole general partner
By: Reservoir PCA Fund, L.P., its sole
managing member
By: Reservoir Capital Group, L.L.C., its sole
general partner
By: /s/ Xxxxx Xxxx
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Xxxxx Xxxx
President
Reservoir PCA Fund, L.P.
By: Reservoir Capital Group, L.L.C., its sole
general partner
By: /s/ Xxxxx Xxxx
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Xxxxx Xxxx
President
RMF GP, LLC
By: Reservoir PCA Fund, L.P., its sole
managing member
By: Reservoir Capital Group, L.L.C., its sole
general partner
By: /s/ Xxxxx Xxxx
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Xxxxx Xxxx
President