Better Business Bureau Recognizes GILICO

GUARANTY INCOME LIFE INSURANCE COMPANY

Press Release

July 13, 2000, Baton Rouge, LA. George Foster, Jr., Chairman and CEO of Guaranty Corporation and Guaranty Income Life ("GILICO") received today a plaque commemorating 50 years of Guaranty Income Life being a member of the Better Business Bureau. This is a very prestigious award which emphasizes the continuous support that GILICO has provided to the Baton Rouge community since its founding in 1926. James E. Stalls, Jr., President of the Better Business Bureau of South Central LA, Inc., stated that GILICO is one of 34 companies in the Baton Rouge area that has had 50 consecutive years of membership. GILICO is certainly a rare company and consistent member to achieve this milestone accomplishment!

Guaranty Income Life Insurance Company was founded in 1926 and is a Legal Reserve insurance company currently licensed in 27 states. In addition to cost-effective life insurance, long-term care and annuity programs, GILICO offers products and services to help families meet their financial needs of wealth protection and wealth creation today and in the future.

The Company is the largest subsidiary of the Guaranty Group of Companies that also own and operate ten radio stations, anchored by The Eagle 98.1, Tiger Country 100.7, and Oldies 107.3.

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