PL Planet Labs PBC

The Board of Directors of Protective Life Corporation (NYSE:PL) has declared a quarterly dividend of $0.195 per share to be paid March 1, 2006, to share owners of record at the close of business on February 17, 2006. Protective Life Corporation provides financial services through the production, distribution and administration of insurance and investment products throughout the United States. It has annual revenues of approximately $2.0 billion and as of September 30, 2005 had assets of $28.6 billion.