IPC Holdings, Ltd.: IPC Holdings Announces Preferred Dividend; Provides Update on Share Repurchase

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PEMBROKE, BERMUDA (MARKET WIRE) On January 7, 2008, the Board of Directors of IPC Holdings, Ltd. (NASDAQ: IPCR) declared a preferred dividend of $0.475781 per Series A Mandatory Convertible preferred share, payable on February 15, 2008 to preferred shareholders of record on January 31, 2008.

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