Triple-S Management Corporation Reports Record Consolidated Operating Income, Net Income and EP... (markets and investment losses and defaul...)

Triple-S Management Corporation Reports Record Consolidated Operating Income, Net Income and EPS for 2007

Date:2/11/2008

markets and investment losses and defaults

-- General economic downturns, major disasters, and epidemics

This list is not exhaustive. Management believes the forward-looking statements in this release are reasonable. However, there is no assurance that the actions, events or results anticipated by the forward-looking statements will occur or, if any of them do, what impact they will have on the Company's results of operations or financial condition. In view of these uncertainties, investors should not place undue reliance on any forward- looking statements, which are based on current expectations. In addition, forward-looking statements are based on information available the day they are made, and (other than as required by applicable law, including the securities laws of the United States) the Company does not intend to update or revise any of them in light of new information or future events.

Readers are advised to carefully review and consider the various disclosures in the Company's SEC reports.

Condensed Consolidated Balance Sheets

December 31, 2007 and 2006

(Dollar amounts in thousands, except per share data)

Unaudited 2007 2006

Assets

Investments $1,011,009 $900,882

Cash and cash equivalents 240,153 81,564

Premium and other receivables, net 202,268 165,626

Deferred policy acquisition costs and

value of business acquired 117,239 111,417

Property and equipment, net 43,415 41,615

Other assets 45,458 44,405

Total assets $1,659,542 $1,345,509

Liabilities and Stockholders' Equity

Policy liabili
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