Warburg Pincus Prices Offering of Shares of Primerica, Inc.

  Warburg Pincus Prices Offering of Shares of Primerica, Inc.

Business Wire

DULUTH, Ga. -- November 19, 2012

Primerica, Inc. (NYSE: PRI) today announced that Warburg Pincus, LLC has
agreed to sell 3,600,000 shares of Primerica’s common stock in an underwritten
public offering. Closing of the offering is expected to occur during the week
of November 26, 2012, subject to customary closing conditions. Immediately
following completion of the offering, Warburg Pincus will beneficially own
approximately 15% of Primerica's outstanding common stock. All of the shares
are being sold by Warburg Pincus, and Warburg Pincus will receive all of the
net proceeds from the offering. Citigroup is acting as book-running manager
for the offering. Primerica intends to purchase 1,200,000 shares of its common
stock in the offering.

The offering is being made pursuant to Primerica’s existing effective shelf
registration statement that was previously filed with the Securities and
Exchange Commission (the “SEC”). The offering of these securities is being
made only by means of a prospectus and a related prospectus supplement. Copies
of the prospectus and prospectus supplement may be obtained from Citigroup,
c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY
11717 (Tel: 800-831-9146).

The issuer has filed a registration statement (including a prospectus) with
the SEC for the offering to which this communication relates. Before you
invest, you should read the prospectus in that registration statement and
other documents the issuer has filed with the SEC for more complete
information about the issuer and this offering. You may get these documents
for free by visiting EDGAR on the SEC Website at www.sec.gov. Alternatively,
the issuer, any underwriter or any dealer participating in the offering will
arrange to send you the prospectus if you request it by calling toll-free

This press release does not constitute an offer to sell or the solicitation of
an offer to buy shares of common stock, nor shall there be any sale of these
securities in any jurisdiction in which such offer, solicitation or sale would
be unlawful prior to registration or qualification under the securities laws
of any such jurisdiction.


Except for historical information contained in this press release, the
statements in this release are forward-looking and made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995. No
assurance is given that the securities offering discussed above will be
completed on the terms described, or at all. Completion of the securities
offering on the terms described is subject to numerous conditions, many of
which are beyond the control of Primerica, including, without limitation,
general economic conditions, market conditions, legislative and regulatory
changes that could adversely affect the business of Primerica, and other
factors, including those set forth in the Risk Factors section of Primerica’s
periodic reports filed with the SEC, which are available on the SEC’s website
at http://www.sec.gov. Primerica assumes no duty to update its forward-looking
statements as of any future date.

About Primerica, Inc.

Primerica, Inc., headquartered in Duluth, GA, is a leading distributor of
financial products to middle-income families in North America. Primerica
representatives educate their Main Street clients about how to better prepare
for a more secure financial future by assessing their needs and providing
appropriate solutions through term life insurance, which we underwrite, and
mutual funds, annuities and other financial products, which we distribute
primarily on behalf of third parties. In addition, Primerica provides an
entrepreneurial full or part-time business opportunity for individuals seeking
to earn income by distributing the company’s financial products. We insure
more than 4.3 million lives and approximately 2 million clients maintain
investment accounts with us. Primerica is a member of the Russell 2000 stock
index and is traded on The New York Stock Exchange under the symbol “PRI”.


Primerica, Inc.
Investor Relations:
Kathryn Kieser, 770-564-7757
Media Relations:
Mark L. Supic, 770-564-6329
Press spacebar to pause and continue. Press esc to stop.