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Allstate Matching-Donation Program Raised More Than $1.5 Million for Tsunami Disaster Recovery

NORTHBROOK, Ill.--Feb. 25, 2005--

  Allstate Answers President Bush's Call for Private Sector Tsunami Relief with Employee, Agency and Company Support  



Northbrook-based The Allstate Corporation joined the outpouring of private contributions offered throughout the United States to help bring relief to the victims of the Indian Ocean tsunami by raising more than $1.5 million, including employee and agency donations as well as company-matched contributions.

"One of the most rewarding aspects of working at Allstate is to see the way our employees and agencies help others in a time of crisis. I know it is what we do as a business, but it's more than a business for Allstaters," explains Edward M. Liddy, chairman, president, and chief executive officer, The Allstate Corporation. "I am proud of the generosity of our employees and agencies. Together, our employees, agencies and Allstate made a sizable contribution of $1.5 million to the International Response Fund for tsunami relief."

On Jan. 5, 2005, Allstate notified its nearly 40,000-employee base and its 13,600 agency owners that the company would match donations dollar-for-dollar with no upward limit for a 30-day time period. Allstate employees and agencies responded by making personal contributions to the relief effort through a secure Web site the American Red Cross created for Allstate.

These charitable donations collected by Allstate will provide relief and long-term support for the devastated parts of South Asia and Southern India through personnel, financial assistance and supplies, such as tents, blankets and hygiene kits to those in need.

The Allstate Corporation is the nation's largest publicly held personal lines insurer. Widely known through the "You're In Good Hands With Allstate(R)" slogan, Allstate helps individuals in more than 16 million households protect what they have today and better prepare for tomorrow through more than 13,600 exclusive agencies and financial specialists in the U.S. and Canada. Customers can access Allstate products and services through Allstate agencies, or in select states at allstate.com and 1-800 Allstate(R). Encompass(SM) and Deerbrook(R) Insurance brand property and casualty products are sold exclusively through independent agents. Allstate Financial Group provides life insurance, annuity, retirement, banking and investment products through distribution channels that include Allstate agencies, independent agencies, financial institutions and broker-dealers.