(1) As of November 23, 2007.
(2) Amount authorized for repurchase in 2007, any unused dollars can be
rolled over into 2008.
(3) Amount authorized for repurchase in 2008.
(4) All shares will be repurchased under management's discretion in the
open market or in privately negotiated transactions during the
Company's normal trading windows.
American Physicians Capital, Inc. is a regional provider of medical professional liability insurance focused primarily in the Midwest markets through American Physicians Assurance Corporation and its other subsidiaries. Further information about the companies is available on the Internet at http://www.apcapital.com.
Certain statements made by American Physicians Capital, Inc. in this
release may constitute forward-looking statements within the meaning of the
federal securities laws. These include statements concerning the
continuance of discretionary repurchase transactions made during open
trading windows and the expected continuation of share repurchases under
the Company's Rule 10b5-1 plan. In addition, when we use words such as
"will," "should," "believes," "expects," "anticipates," "estimates" or
similar expressions, we are making forward-looking statements. While we
believe any forward-looking statements we have made are reasonable, they
are subject to risks and uncertainties, and actual results could differ
materially. These risks and uncertainties include, but are not limited to,
unexpected requirements for cash, including for acquisitions, changes in
the Company's business prospects, the market price of the Company's stock,
unexpected changes in the financial market conditions, and any other
|SOURCE American Physicians Capital, Inc.|
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