Genworth to Cease New Sales of AARP-Branded Products on June 1

        Genworth to Cease New Sales of AARP-Branded Products on June 1

PR Newswire

RICHMOND, Va., May 1, 2013

RICHMOND, Va., May 1, 2013 /PRNewswire/ --Genworth Financial, Inc. (NYSE:
GNW) has announced the cessation of new sales of AARP-branded long term care
insurance products through Genworth Life Insurance Company and Genworth Life
Insurance Company of New York (Genworth). Genworth will discontinue sales of
AARP-branded products on June 1, 2013.

"Since 2007, Genworth has offered certain AARP branded long term care
insurance products to AARP members. Genworth remains committed to providing
exceptional service to AARP members who purchased these long term care
insurance products from Genworth," said Pat Foley, president of Distribution
and Marketing for Genworth.

Existing insureds' coverage will not be affected by this change.

About Genworth Financial

Genworth Financial, Inc. (NYSE: GNW) is a leading Fortune 500 insurance
holding company dedicated to helping people secure their financial lives,
families and futures. Genworth has leadership positions in offerings that
assist consumers in protecting themselves, investing for the future and
planning for retirement -- including life insurance, long term care insurance,
financial protection coverages, and independent advisor-based wealth
management -- and mortgage insurance that helps consumers achieve home
ownership while assisting lenders in managing their risk and capital.

Genworth has approximately 5,840 employees and operates through three
divisions: U.S. Life Insurance, which includes life insurance, long term care
insurance and fixed annuities; Global Mortgage Insurance, containing U.S.
Mortgage Insurance and International Mortgage Insurance segments; and the
Corporate and Other division, which includes the International Protection and
Runoff segments and the wealth management business presented as discontinued
operations. Products and services are offered through financial
intermediaries, advisors, independent distributors and sales specialists.
Genworth Financial, Inc., headquartered in Richmond, Virginia, traces its
roots back to 1871 and became a public company in 2004. For more information,
visit genworth.com. From time to time, Genworth Financial, Inc. releases
important information via postings on its corporate website. Accordingly,
investors and other interested parties are encouraged to enroll to receive
automatic email alerts and Really Simple Syndication (RSS) feeds regarding new
postings. Enrollment information is found under the "Investors" section of
genworth.com.

This press release includes certain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. These
forward-looking statements include, but are not limited to our plans,
objectives, expectations and intentions and other statements contained in this
release that are not historical facts as well as statements identified by
words such as expects, anticipates, intends, plans, believes, seeks,
estimates, or words of similar meaning. These statements are based on our
current beliefs or expectations and are inherently subject to significant
uncertainties and changes in circumstances, many of which are beyond our
control. Actual results may differ materially from these expectations due to
changes in global political, economic, business, competitive, market and
regulatory factors.

SOURCE Genworth Financial, Inc.

Website: http://www.genworth.com
Contact: Tom Topinka (U.S.), +1-804-662-2444, Thomas.Topinka@genworth.com
 
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