Bermuda-based LaSalle Re Holdings Limited, a wholly owned subsidiary of Trenwick Group Ltd., announced on Friday that its Board of Directors declared a dividend on September 20, 2001 of $.5469 per share on LaSalle Re Holdings Limited's Series A Preferred Shares.

The dividend is payable December 1, 2001 to preferred shareholders of record on October 30, 2001.

LaSalle Re Holdings Limited, through its operating company, LaSalle Re Limited, writes high severity, low frequency reinsurance, primarily property catastrophe reinsurance, on a worldwide basis.