150,000,000 AGGREGATE PRINCIPAL AMOUNT ODYSSEY RE HOLDINGS CORP. 7.65% SENIOR NOTES DUE 2013 Underwriting Agreement dated October 28, 2003 BANC OF AMERICA SECURITIES LLC CREDIT SUISSE FIRST BOSTON LLC J.P. MORGAN SECURITIES INC.Underwriting Agreement • November 3rd, 2003 • Odyssey Re Holdings Corp • Fire, marine & casualty insurance • New York
Odyssey Re Holdings Corp, a Delaware corporation (the “Company”), proposes to sell to the several underwriters named in Schedule I hereto (the “Underwriters”), for whom you (the “Representatives”) are acting as representatives, $150,000,000 principal amount of its 7.65% Senior Notes due 2013 (the “Securities”), to be issued under an indenture (the “Base Indenture”), dated as of October 31, 2003, between the Company and The Bank of New York, as trustee (the “Trustee”), as supplemented and amended, being referred to as the “Indenture”. To the extent there are no additional Underwriters listed on Schedule I other than you, the term Representatives as used herein shall mean you, as Underwriters, and the terms Representatives and Underwriters shall mean either the singular or plural as the context requires.
