EXHIBIT 1
AGREEMENT AS TO JOINT FILING OF SCHEDULE 13D
In accordance with Rule 13d-1(k) under the Securities Exchange Act of
1934, as amended, the undersigned agree that only one statement containing the
information required by Schedule 13D and any further amendments thereto need to
be filed with respect to the beneficial ownership by each of the undersigned of
shares of common stock of Montpelier Re Holdings Ltd., a corporation organized
under the laws of Bermuda, and further agrees that this Joint Filing Agreement
be included as an exhibit to the Schedule 13D provided that, as contemplated by
Section 13d-1(k)(1)(ii), no person shall be responsible for the completeness or
accuracy of the information concerning the other persons making the filing,
unless such person knows or has reason to believe that such information is
inaccurate. This Joint Filing Agreement may be executed in any number of
counterparts, all of which taken together shall constitute one and the same
instrument.
Dated: July 6, 2006
By: XX Xxxx & Co. LLC
By: /s/ Xxxxxx X. Xxxx, Xx.
---------------------------------
Name: Xxxxxx X. Xxxx, Xx.
Title: Managing Member
By: WLR Recovery Fund II, L.P.
By:
Name: WLR Recovery Associates II LLC
Title: Managing Member
By: /s/ Xxxxxx X. Xxxx, Xx.
---------------------------------
Name: Xxxxxx X. Xxxx, Xx.
Title: Managing Member
By: WLR Recovery Fund III, L.P.
By:
Name: WLR Recovery Associates III LLC
Title: Managing Member
By: /s/ Xxxxxx X. Xxxx, Xx.
---------------------------------
Name: Xxxxxx X. Xxxx, Xx.
Title: Managing Member
By: WLR Recovery Associates II LLC
By: /s/ Xxxxxx X. Xxxx, Xx.
---------------------------------
Name: Xxxxxx X. Xxxx, Xx.
Title: Managing Member
By: WLR Recovery Associates III, LLC
By: /s/ Xxxxxx X. Xxxx, Xx.
---------------------------------
Name: Xxxxxx X. Xxxx, Xx.
Title: Managing Member
By: Xxxxxx X. Xxxx, Xx.
By: /s/ Xxxxxx X. Xxxx, Xx.
---------------------------------
Name: Xxxxxx X. Xxxx, Xx.
Title: Managing Member