EVEREST GROUP, LTD. — Director's Dealing 2011

Apr 20, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EVEREST RE GROUP LTD (RE)
CIK: 0001095073
Period of Report: 2011-04-18

Reporting Person: TARANTO JOSEPH V (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-04-18	Common Shares	A	200000	$66.23	Acquired	546635	Direct
2011-04-18	Common Shares	F	173544	$89.735	Disposed	373091	Direct
2011-04-19	Common Shares	S	26456	$89.3189	Disposed	346635	Direct

Footnotes

F1: Options exercised and shares sold in accordance with the previously approved Rule 10b5-1 Trading Plan. 200,000 common shares were exercised due to their forthcoming expiration on April 20, 2011. 147,612 common shares were used to pay for the exercise cost and 25,932 common shares were used to pay withholding taxes. The remaining 26,456 common shares were then sold in the open market.