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

distribution), total NAP in 1Q08 was $114.5 million, up 11% over 1Q07.

At Colonial Penn (direct distribution), total NAP was $17.4 million, up 67% over 1Q07 as we continue to benefit from our investment in marketing.

At Conseco Insurance Group (independent distribution), total NAP was $16.6 million, down 21% from 1Q07 primarily due to our continued focus on producing more profitable business.

Conference Call

The company will host a conference call to discuss results at 8:00 a.m. Eastern Daylight Time on May 8, 2008. The webcast can be accessed through the Investors section of the company's website as follows: http://investor.conseco.com . Listeners should go to the website at least 15 minutes before the event to register and download any necessary audio software. During the call, we will be referring to a presentation that will be available Thursday morning through the investors section of the company's website.

About Conseco

Conseco, Inc.'s insurance companies help protect working American families and seniors from financial adversity: Medicare supplement, long-term care, cancer, heart/stroke and accident policies protect people against major unplanned expenses; annuities and life insurance products help people plan for their financial futures. For more information, visit Conseco's web site at http://www.conseco.com.

(1) Measured by new annualized premium, which includes 6% of annuity and

10% of single premium whole life deposits and 100% of all other

premiums, PDP sales equal $310 per enrolled policy, PFFS sales equal

$2,100 per enrolled policy.

(2) Management believes that an analysis of earnings or loss before net

realized investment gains (losses), corporate interest and taxes

("EBIT," a non-GAAP financial measure) provides a clearer comparison
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SOURCE Conseco, Inc.
Copyright©2008 PR Newswire.
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