Mr. Lee currently serves as Chairman of the Board of Directors, President and Chief Executive Officer and has held these positions at the Company since its formation in 1995 and at its subsidiaries since their formation. Prior to founding the Company's insurance subsidiary in 1990, Mr. Lee was an attorney in private practice specializing in advising entrepreneurs on the acquisition, sale and formation of businesses in various industries. Mr. Lee received a B.A. in Economics from Rutgers University in 1980 and a J.D. from Boston College Law School in 1983. He is admitted to practice law in New York and New Jersey. Mr. Lee has worked in the insurance industry for over 17 years with experience in insurance, finance, underwriting, sales and marketing, claims management and administration and law. As previously announced on April 5, 2006, Michael H. Lee began serving as Chairman, Chief Executive Officer and President of CastlePoint Holdings, Ltd.

Holdings: 2,971,766 shares     View Transactions

Date	Type	Shares Traded	Price Range
May 5, 2008	Disposition (Non Open Market)	12,744	23.48
May 5, 2008	Disposition (Non Open Market)	2,281	23.72
Mar 28, 2008	Disposition (Non Open Market)	1,367	25.69
Mar 15, 2008	Disposition (Non Open Market)	2,404	23.72
Nov 19, 2007	Disposition (Non Open Market)	13,166	31.69
Jun 5, 2007	Disposition (Non Open Market)	15,750	n/a
Mar 13, 2007	Acquisition (Non Open Market)	30,414	n/a
Mar 1, 2007	Acquisition (Non Open Market)	27,650	n/a
Mar 31, 2006	Acquisition (Non Open Market)	15,191	n/a

Francis M. Colalucci – Senior Vice President, Chief Financial Officer, Treasurer and Director, joined the Company in 2002. He has held these positions since February 2002. From 1996 until 2001, Mr. Colalucci was employed by the Empire Insurance Group, a property and casualty insurance company, and ultimately served as Executive Vice President, Chief Financial Officer and Treasurer in addition to being a member of that company's board of directors. He received a B.B.A. in Accounting from St. John's University in 1966 and is a New York State licensed Certified Public Accountant and a member of the American Institute of Certified Public Accountants, the New York State Society of Certified Public Accountants and Financial Executives International.

Holdings: 40,885 shares     View Transactions

Date	Type	Shares Traded	Price Range
Mar 28, 2008	Disposition (Non Open Market)	1,125	25.69
Mar 28, 2008	Disposition (Non Open Market)	485	23.72
Mar 15, 2008	Disposition (Non Open Market)	563	23.72
Mar 13, 2008	Acquisition (Non Open Market)	8,566	n/a
Mar 1, 2007	Acquisition (Non Open Market)	6,266	n/a
Mar 31, 2006	Acquisition (Non Open Market)	2,848	n/a

Patrick J. Haveron is the Senior Vice President and Chief Operating Officer of the Company. Prior to joining the Company, Mr. Haveron was Preserver's President and Chief Executive Officer and a member of Preserver's board of directors. Mr. Haveron, age 45, joined Preserver in 1988 after working for Coopers & Lybrand from 1983 to 1988. Before becoming President of Preserver in 2004, Mr. Haveron served in a variety of financial and executive leadership roles with Preserver. Mr. Haveron received a B.S. in Accounting from the University of Scranton in 1983 and is a New Jersey licensed Certified Public Accountant and a member of the American Institute of Certified Public Accountants, the New Jersey Society of Certified Public Accountants and Financial Executives International. Mr. Haveron is actively involved in industry matters, including the Property Casualty Insurers Association of America, and he is a member of that association's Board of Governors.

Holdings: 9,081 shares     View Transactions

Date	Type	Shares Traded	Price Range
Mar 28, 2008	Disposition (Non Open Market)	738	25.69
Mar 13, 2008	Acquisition (Non Open Market)	4,258	n/a
Apr 10, 2007	Statement of Ownership	0	n/a
Apr 10, 2007	Acquisition (Non Open Market)	5,561	n/a

Dr. Kaiser joined Tower in February 2006 as Senior Vice President and Chief Information Officer. From 1999 to 2006, he was Director of Systems for Rothschild Inc., a private investment bank. From 1992 to 1999, he held various positions within the pharmaceutical industry including Director of Product Management at Pfizer, Inc. and before that Director of Information Management for Global Development at Hoffman-LaRoche. Prior to working in industry, Dr. Kaiser was an associate professor of physics at the University of Texas at Arlington. He also serves on the board of Datatrak International (DATA). Dr. Kaiser has a Bachelor of Science degree in Theoretical Physics and a Ph.D. in Physics from the University of East Anglia.

Holdings: 4,991 shares     View Transactions

Date	Type	Shares Traded	Price Range
Mar 15, 2008	Disposition (Non Open Market)	108	23.72
Mar 13, 2008	Acquisition (Non Open Market)	2,847	n/a
Aug 9, 2007	Sell	486	25.58
May 17, 2007	Statement of Ownership	0	n/a

Mr. Maier joined the Company in June 2005. Mr. Maier most recently served as Senior Vice President and Chief Underwriting Officer of OneBeacon Insurance Group in New York. In his role at OneBeacon Insurance Group, Mr. Maier managed the New York and New Jersey territories. Prior to that, Mr. Maier served as Senior Vice President and Chief Underwriting Officer of Commercial Lines for Chubb Insurance Group's Mid-Atlantic Region in which he managed a $400 million middle-market commercial portfolio in seven states with six field offices and a regional small commercial underwriting center.

Holdings: 27,150 shares     View Transactions

Date	Type	Shares Traded	Price Range
Mar 28, 2008	Disposition (Non Open Market)	150	25.69
Mar 13, 2008	Acquisition (Non Open Market)	7,178	n/a
Mar 1, 2007	Acquisition (Non Open Market)	3,256	n/a
Mar 31, 2006	Acquisition (Non Open Market)	1,866	n/a
Sep 1, 2005	Acquisition (Non Open Market)	15,000	15.72
Jun 27, 2005	Statement of Ownership	0	n/a

Mr. Pechmann joined the Company in September 2003. Prior to that, Mr. Pechmann was employed in various roles at Kemper Insurance Companies for 32 years. His most recent position with that company was as Northeast Region President, responsible for management and profitability of seven operating branch offices. A 1971 graduate of Hartwick College, Mr. Pechmann received a B.A. in English.

Holdings: 16,824 shares     View Transactions

Date	Type	Shares Traded	Price Range
Mar 28, 2008	Disposition (Non Open Market)	174	25.69
Mar 28, 2008	Disposition (Non Open Market)	154	23.72
Mar 15, 2008	Disposition (Non Open Market)	183	23.72
Mar 13, 2008	Acquisition (Non Open Market)	3,041	n/a
Mar 30, 2007	Sell	434	32.16
Mar 1, 2007	Acquisition (Non Open Market)	2,304	n/a
Mar 31, 2006	Acquisition (Non Open Market)	2,170	n/a

Ms. Ranegar joined the Company in October 2003 as Vice President of Operations. She was promoted to Senior Vice President in January 2006. She currently manages underwriting operations, with responsibility for policy issuance service and delivery, billing and collections, premium audit, statistical reporting and process engineering. She has 23 years of insurance industry experience. Her most recent prior experience was with Kemper Insurance where she was Regional Operations Director, responsible for underwriting operations in seven branch offices located throughout the northeast from 2002 until 2003. Prior to Kemper, Ms. Ranegar held management positions at Highlands Insurance Group, Inc. from 1996 until 2002 where she was Vice President, Claim Field Operations, responsible for technical claim handling and operations in the field claim offices and Vice President, Underwriting and Operations, responsible for a small business service center. She began her insurance career with Aetna Life and Casualty as a Liability Claim Representative in New York City. At Aetna, and subsequently Travelers, she held positions of increasing responsibility including Assistant Director responsible for the consolidation of Aetna and Travelers claim field offices. Ms. Ranegar graduated from the University of Pittsburgh with a B.A. in Economics.

Holdings: 8,286 shares     View Transactions

Date	Type	Shares Traded	Price Range
Jun 16, 2008	Disposition (Non Open Market)	89	24.01
Mar 15, 2008	Disposition (Non Open Market)	169	23.72
Mar 15, 2008	Disposition (Non Open Market)	140	23.72
Mar 13, 2008	Acquisition (Non Open Market)	3,406	n/a
Sep 28, 2007	Disposition (Non Open Market)	122	25.70
Aug 9, 2007	Sell	100	25.58
May 17, 2007	Statement of Ownership	0	n/a