Local Group Receives Donations to Help More Than 1,800 Twin Cities Families

  Local Group Receives Donations to Help More Than 1,800 Twin Cities Families

 Employees donate more than 22 tons of food and clothing for families in need

Business Wire

MINNEAPOLIS -- December 07, 2012

`Hundreds of Allianz Life Insurance Company of North America (Allianz Life)
employees participated today in a “human chain” to load hundreds of boxes of
employee-donated food and clothing into semi-trucks at their headquarters. The
donations raised will help feed and clothe more than 1,800 families in need
around the Golden Valley community, according to PRISM (People Responding in
Social Ministry), a community-funded social service agency that serves local
families in need.

“Hunger and poverty continue  to rise in Minnesota and around the country. As
the need  grows, I am proud to see our employees continue to do their part in
our local community. The donations will help our neighbors who have hit hard
times,” said President and CEO of Allianz Life, Walter White. “Our community
can count on us; the giving seen here today comes from the heart of our
employees.”

During the past month, Allianz Life employees collected food, clothing, and
cash for PRISM.

“We distribute more than 2,200 pounds of food a day – that’s about 30 carts of
food sent out the door daily – and over 39,000 pounds of food a month,”
PRISM’s Interim Executive Director Cheryl Jensen said. “People come to our
food shelf from all walks of life - some have been laid off, some are elderly,
others are just struggling to make ends meet. These donations help with our
efforts to stabilize their immediate crisis while we work with them to create
solutions for their future.”

This is the 13^th year of the Allianz Life Spirit of Giving Campaign where
employees exceeded the goals of donating:

  *20,000 pounds  of clothing,
  *26,000 pounds of food,
  *$65,000 in cash donations, and
  *3,500 toys,  which will be presented to Toys for Tots next week.

During the past 13 years,  the company has given:

  *$374,000 in cash donations,
  *222,000 pounds of food, and
  *229,000 pounds of clothing.

While loading the semi truck, local sporting mascots – T.C. Bear of the
Minnesota Twins, Viktor with the Minnesota Vikings, Goldy of the University of
Minnesota Golden Gophers, and Nordy from the Minnesota Wild – motivated the
employees. When the donations arrived at PRISM, 50 students from the Dassel
Cokato National Honors Society assisted in unloading the tons of clothing and
food.

*Photo available upon request

About Allianz Life
Allianz Life Insurance Company of North America, one of FORTUNE’s 100 Best
Companies to Work For in 2012, has been keeping its promises since 1896.
Today, it carries on that tradition, helping Americans achieve their
retirement income and protection goals with a variety of annuities and life
insurance products. As a leading provider of fixed index annuities, Allianz
Life is part of Allianz SE, a global leader in the financial services industry
with 142,000 employees worldwide. More than 78 million private and corporate
customers rely on Allianz knowledge, global reach, and capital strength to
help them make the most of financial opportunities.

Contact:

Allianz Life Insurance Company of North America
Sara Thurin Rollin, 763-765-6703
sarathurin.rollin@allianzlife.com