Item 2. PROPERTIES

Everest Re's corporate offices are located in approximately 230,500 square feet of leased office space in Liberty Corner, New Jersey. Bermuda Re's corporate offices are located in approximately 5,800 total square feet of leased office space in Hamilton, Bermuda. The Company's other 26 locations occupy a total of approximately 208,850 square feet, all of which are leased. Management believes that the above-described office space is adequate for its current and anticipated needs.