EVEREST GROUP, LTD. — Director's Dealing 2011

Feb 28, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EVEREST RE GROUP LTD (RE)
CIK: 0001095073
Period of Report: 2011-02-24

Reporting Person: SHOEMAKER KEITH T (Comptroller & Prin Acct Off)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-24	Non-Qualified Employee Stock Options (Right to Buy)	$86.62	A	1200	Acquired	2021-02-24	Common Shares (1200)	Direct
2011-02-24	Non-Qualified Employee Stock Options (Right to Buy)	$86.62	A	1200	Acquired	2021-02-24	Common Shares (1200)	Direct
2011-02-24	Non-Qualified Employee Stock Options (Right to Buy)	$86.62	A	1200	Acquired	2021-02-24	Common Shares (1200)	Direct
2011-02-24	Non-Qualified Employee Stock Options (Right to Buy)	$86.62	A	1200	Acquired	2021-02-24	Common Shares (1200)	Direct
2011-02-24	Non-Qualified Employee Stock Options (Right to Buy)	$86.62	A	1200	Acquired	2021-02-24	Common Shares (1200)	Direct

Footnotes

F1: The various numbers and dates listed in Column 5 and 6 relate to a single option grant.

F2: The number of derivative securities listed in Column 9 relate to more than one share option grant.