CNO Financial Group Update on Share Repurchase Program

CNO Financial Group, Inc. CNO today announced that through August 26, 2011, it had repurchased 3,684,800 shares of its common stock in the third quarter for an aggregate purchase price of $22.9 million under its $100 million share repurchase program. The shares were repurchased at an average cost of $6.22 per share and represented 1.5% of the total outstanding shares as of June 30, 2011. Total shares repurchased under the program to date total 5,891,448 shares for an aggregate purchase price of $39.1 million, at an average cost of $6.64 per share. As of June 30, 2011, CNO had approximately 249.4 million shares outstanding.