X0202 4/A 2005-03-01 2005-03-03 0 0001179755 ENDURANCE SPECIALTY HOLDINGS LTD ENH 0001198607 DELCOL JOHN V C/O ENDURANCE SPECIALTY HOLDINGS LTD., WELLESLEY HOUSE, 90 PITTS BAY ROAD PEMBROKE D0 HM 08 BERMUDA 0 1 0 0 General Counsel and Secretary Ordinary Shares, par value $1.00 per share 2005-03-01 2005-03-01 4 M 0 1329 0.00 A 2829 D Ordinary Shares, par value $1.00 per share 2005-03-01 2005-03-01 4 D 0 598 35.68 D 2231 D Ordinary Shares, par value $1.00 per share 2005-03-01 2005-03-01 4 M 0 1790 0.00 A 4021 D Ordinary Shares, par value $1.00 per share 2005-03-01 2005-03-01 4 D 0 805 35.68 D 3216 D Restricted Share Unit 0.00 2005-03-01 2005-03-01 4 A 0 5151 A 2009-03-01 Ordinary Shares 5151 5151 D Restricted Share Unit 0.00 2005-03-01 2005-03-01 4 M 0 1328 0.00 D 2008-03-01 Ordinary Shares 1329 4115 D Restricted Share Unit 0.00 2005-03-01 2005-03-01 4 M 0 1790 0.00 D 2009-03-01 Ordinary Shares 1790 12881 D Ordinary shares acquired upon mandatory conversion of previously granted restricted share units. The Amount of Securities Beneficially Owned Following Reported Transactions was incorrectly reported on the Form 4 filed on March 3, 2005. Ordinary shares disposed of upon mandatory conversion of previously granted restricted share units pursuant to the non-discretionary settlement of a portion of the restricted share units in cash. The restricted share units are forfeitable only upon violation of a non-competition restriction and are converted into ordinary shares or their cash equivalents in equal quarters on March 1, 2006, March 1, 2007, March 1, 2008 and March 1, 2009. The restricted share units were delivered in lieu of a portion of annual cash incentive compensation for 2004. Mandatory exercise of one quarter of a restricted share unit previously granted in lieu of a portion of annual cash incentive compensation. Mandatory conversion of a portion of previously granted restricted share units. /s/ John V. Del Col 2005-11-23