X0202 4 2004-12-31 0 0000911421 PARTNERRE LTD PRE 0001185875 PABST MARK PARTNERRE LTD. 96 PITTS BAY ROAD PEMBROKE D0 HM08 BERMUDA 0 1 0 0 EVP 8% Premium Equity Participating Unit (PEPS) 2004-12-31 4 S 0 2000 D 0 D Common Stock 2004-12-31 4 P 0 1739 50 A 12069 D The reporting person converted 2,000 shares of 8% Premium Equity Participating Units (PEPS) on December 31, 2004 at a conversion factor of 0.8696 for each PEPS Unit resulting in his acquisition of 1,739 Common Shares. Each PEPS Unit had a face value of $50.00 per unit. The conversion factor was based on a formula using the 20 trading day average closing price of Common Stock prior to December 28, 2004. By: Amanda E. Sodergren as Attorney-In-Fact For: Mark Pabst 2005-01-10