Protective Reports Third Quarter EPS of $.80

Protective Life Corporation PL today reported results for the third quarter of 2010. Net income available to common shareowners for the third quarter of 2010 was $70.4 million compared to $27.6 million in the third quarter of 2009, an increase of 155%. Net income available to common shareowners per average diluted share was $0.80 for the third quarter of 2010 compared to $0.32 in the prior year's quarter. Operating income, after tax, for the third quarter of 2010 was $62.8 million compared to $47.9 million in the third quarter of 2009, an increase of 31%. Operating income per average diluted share for the third quarter of 2010 was $0.71 compared to $0.55 in the prior year's quarter.