Conseco Reports Preliminary Fourth Quarter and Year-E...(p Total liabilities and shareholders'...),Health

Note: This preliminary consolidated balance sheet data is subject to

change to reflect any necessary adjustments that are identified before the

Company completes its financial statements and Form 10-K for the year

ended December 31, 2007.

CONSECO, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF OPERATIONS DATA - Preliminary (see note)

(Dollars in millions, except per share data)

Three months ended Year ended

December 31, December 31,

2007 2007

Revenues:

Insurance policy income $814.7 $3,167.3

Net investment income 333.5 1,536.6

Net realized investment losses (36.6) (155.4)

Fee revenue and other income 6.3 23.8

Total revenues 1,117.9 4,572.3

Benefits and expenses:

Insurance policy benefits 804.9 3,453.8

Interest expense 32.5 117.3

Amortization 127.2 454.5

Costs related to a litigation settlement - 64.4

Loss related to an annuity coinsurance

transaction - 76.5

Other operating costs and expenses 156.2 604.1

Total benefits and expenses 1,120.8 4,770.6

Loss before income taxes (2.9) (198.3)

Income tax expense (benefit):

Tax expense (benefit) on period income 1.3 (70.3)

Valuation allowance for de
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