ALL Allstate Corporation

A.M. Best Co. has downgraded the financial strength ratings (FSR) to B++ (Good) from A- (Excellent) and the issuer credit ratings (ICR) to �bbb+� from �a-� of Charter National Life Insurance Company (Charter National) (Illinois) and Intramerica Life Insurance Company (Intramerica) (New York). The outlook for all ratings is stable. Charter National and Intramerica are currently life/health member companies of the Allstate Financial segment and are ultimately owned by The Allstate Corporation (Allstate) (Northbrook, IL) [NYSE: ALL]. These ratings actions recognize Allstate�s decision to pursue a sale of Charter National and Intramerica, and with the downgrades the ratings more accurately reflect Charter National�s and Intramerica�s long-term financial strength on a stand-alone basis. The ratings of the other life/health member companies of Allstate Financial remain unchanged. For Best�s Ratings, an overview of the rating process and rating methodologies, please visit www.ambest.com/ratings. Founded in 1899, A.M. Best Company is a full-service credit rating organization dedicated to serving the financial services industries, including the banking and insurance sectors. For more information, visit www.ambest.com.