August 12, 2005
Conseco and Actuarial Development Services, LLC Enter Agreement to Develop Insurance Products

Carmel, Ind., August 12, 2005 — Conseco Insurance Companies and Actuarial Development Services, LLC (ADS) today announced that they have entered into an agreement to jointly develop a series of life, health and annuity insurance products and to offer Conseco products through Actuarial Development Service’s affiliated distribution channels, including its career agents.

Tim North, CEO of Actuarial Development Services, LLC, said, “We look forward to working with Conseco and developing a profitable distribution platform for the future. By aligning state-of-the-art products with the needs of Conseco’s customers and agents, we will build a solid, successful insurance program for both companies.”

Mike Dubes, President, Conseco Insurance Group, said, “I am very pleased that Conseco and ADS have signed a long-term marketing agreement. ADS has extensive expertise in developing products that deliver value to customers and a sophisticated and proven field force in excess of 20,000 agents nationwide.”

With a history dating back to 1973, Actuarial Development Services, LLC and its affiliates serve the insurance industry by bridging the needs of insurance companies and major distribution channels, blending product design, benefits, underwriting and profitability into today’s top selling products.

The Conseco Insurance Companies serve millions of customers across America. Conseco’s cancer, heart/stroke, accident and Medicare supplement policies protect people against major unplanned expenses; Conseco’s annuities and life insurance products help people plan for their financial futures.

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