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Conseco Reports First Quarter Results
Date:5/7/2008

r things) our ability to sell products and access capital on acceptable terms, the returns on and the market value of our investments, and the lapse rate and profitability of policies; and (xvi) changes in the Federal income tax laws and regulations which may affect or eliminate the relative tax advantages of some of our products. Other factors and assumptions not identified above are also relevant to the forward-looking statements, and if they prove incorrect, could also cause actual results to differ materially from those projected. All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by the foregoing cautionary statement. Our forward-looking statements speak only as of the date made. We assume no obligation to update or to publicly announce the results of any revisions to any of the forward-looking statements to reflect actual results, future events or developments, changes in assumptions or changes in other factors affecting the forward-looking statements.

- Tables Follow -

CONSECO, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEET

(Dollars in millions)

March 31, December 31,

2008 2007

(unaudited)

ASSETS

Investments:

Actively managed fixed maturities at fair

value (amortized cost: March 31, 2008 -

$21,166.3; December 31, 2007 - $20,992.7) $20,159.3 $20,510.9

Equity securities at fair value (cost: March

31, 2008 - $34.0; December 31, 2007 - $34.0) 34.4 34.5

Mortgage loans 2,143.4 2,086.0

Policy loans 367.0 370.4

Trading securities
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SOURCE Conseco, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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