Scottish Re Announces Second Quarter 2007 Earnings Conference Call

    HAMILTON, BERMUDA, August 9 /CNW/ - Scottish Re Group Limited (NYSE:  SCT),
a global life reinsurance specialist, today announced it will release earnings
for the second quarter (ended June 30, 2007), after the close of the New York
Stock Exchange trading day on Tuesday, August 14, 2007. Paul Goldean, Scottish
Re's Chief Executive Officer, will host an earnings conference call to discuss
the second quarter at 8:30 am Eastern Time on Wednesday, August 15, 2007.
George Zippel, who is Scottish Re's incoming Chief Executive Officer, will
also be on the call, as well as Duncan Hayward, the Interim Chief Accounting
Officer and Jeff Delle Fave, Executive Vice President, Corporate Tax.

    To access the conference call, please dial +1-800-657-1263 (U.S.) or
+1-973-633-8200 (International). Please ask to be connected to Scottish Re's
Second Quarter 2007 Earnings Call and provide the following passcode: 8947744
for either the U.S. or the International dial-in. The conference call will
also be broadcast live via audio webcast, which will be available on the home
page of Scottish Re's website at

    Following the earnings conference call, a replay of the call will be
available for two weeks by dialing +1-877-519-4471 (U.S.) or +1-973-341-3080
(International) beginning at 11:00 am Eastern Time on Wednesday, August 15,
2007 and ending at 12:00 am Eastern Time on Wednesday, August 29, 2007. The
passcode for the call replay is: 8947744 for the U.S. or International
dial-in. An audio webcast of the call will be archived and available for the
same period on Scottish Re's website at

    About Scottish Re

    Scottish Re Group Limited is a global life reinsurance specialist.
Scottish Re has operating businesses in Bermuda, Grand Cayman, Guernsey,
Ireland, Singapore, the United Kingdom and the United States. Its flagship
operating subsidiaries include Scottish Annuity & Life Insurance Company
(Cayman) Ltd., Scottish Re (U.S.), Inc., and Scottish Re Limited. Additional
information about Scottish Re Group Limited can be obtained from the website

For further information:

For further information: Scottish Re Rayissa Palmer, Vice President
Marketing & Communications 704-752-3422

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