Torchmark Corporation Reports First Quarter 20...(effective yield of 7.0% during the first...),Health

Acquisitions of fixed maturity investments during the quarter totaled $431 million at cost. Comparable information for acquisitions of fixed maturity investments is as follows:

Quarter Ended

March 31,

2008 2007

Average annual effective yield 7.2% 6.6%

Average rating A- A

Average life (in years) to:

First call 22 20

Maturity 35 29

Realized Capital Losses on Investments -- during the quarter ended March 31, 2008:

During the quarter, the Company wrote down $2.2 million (after tax) of non-financial institution fixed securities due to impairment losses and incurred additional losses on fixed securities that were disposed of and other investments at a net loss of $2.3 million, for a total net after-tax loss of $4.5 million.

SHARE REPURCHASE -- during the quarter ended March 31, 2008:

Torchmark's ongoing share repurchase program resulted in the repurchase during the quarter of 2.5 million shares of Torchmark Corporation common stock at a total cost of $145 million at an average price per share of $59.04.

UPDATED EARNINGS GUIDANCE FOR THE YEAR ENDING DECEMBER 31, 2008:

Torchmark projects that for the year ending December 31, 2008, net operating income per share will range from $5.90 - $5.96.

OTHER FINANCIAL INFORMATION:

More detailed financial information including various GAAP and Non-GAAP ratios and financial measurements
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