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Primus Guaranty, Ltd. Conference Call to Discuss 4th Quarter 2007 Earnings Set for Tuesday, February 5, 2008 11 A.M. Eastern Standard Time

January 24, 2008

Primus Guaranty, Ltd. (NYSE:  PRS) announced that it will host a conference call for investors on Tuesday, February 5, 2008 at 11 a.m. Eastern Standard Time to discuss its 4th quarter 2007 earnings, which are scheduled for release between 7 a.m. and 9 a.m. Eastern Standard Time Tuesday, February 5, 2008.  A copy of the earnings press release and financial supplement will be available in the Investor section of the company’s website, located at www.primusguaranty.com.

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