GUARANTY INCOME LIFE INSURANCE COMPANY
Press Release

August 9, 2008, Baton Rouge, Louisiana – Guaranty Income Life Insurance Company (Guaranty Income) is pleased to announce that A.M. Best has affirmed our financial strength rating of B+ (Good). The outlook is stable.

A.M. Best stated in their August 8, 2008 AMB Credit Report, “The ratings reflect Guaranty Income’s favorable risk-adjusted capitalization, aided by the financial support of its parent and its improved earnings in recent years.”

John Lancaster, President of Guaranty Income, stated, “Guaranty Income’s equity position has grown to record levels as a result of operating earnings and capital contributions from our parent company. We are glad to see that A.M. Best continues to acknowledge the significant accomplishments Guaranty Income has achieved over the past few years.

Guaranty Income is well positioned for substantial growth in the annuity/long-term care (combo) market with our AnnuiCare® and Ultra Flex products. The opportunities provided by the Pension Protection Act, a highly rated, experienced reinsurance partner, outstanding producers and a strong financial position are the keys for ongoing success.”

Guaranty Income was the first company to attach a tax-qualified long-term care rider to a traditional annuity. AnnuiCare® is the original combination annuity/LTC policy!

George Foster, Jr., Chairman, stated, “Guaranty Income is proud of our 82-year history of being a family-owned company, with a heritage of strength and security.”

Guaranty Income Life Insurance Company was founded in 1926 and is a Legal Reserve Insurance Company currently licensed in 31 states. In addition to cost-effective life insurance, long-term care and annuity programs, Guaranty offers products and services to help families meet their financial needs of wealth protection and wealth creation today and in the future.

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