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Protective Issues Statement on ISS Recommendation



  Protective Issues Statement on ISS Recommendation

Business Wire

BIRMINGHAM, Ala. -- May 7, 2013

Protective Life Corporation (NYSE: PL, “Protective”) today announced that
Institutional Shareholder Services (“ISS”) revised its proxy vote
recommendation to Protective share owners. ISS now recommends a vote FOR
Proposal 2: Approval of Stock Plan for Non-Employee Directors. Protective's
Board of Directors continues to recommend that shareholders vote their shares
FOR Proposal 2.

Protective's 2013 Annual Meeting of Shareholders will be held on May 13, 2013.

ABOUT PROTECTIVE LIFE CORPORATION

Protective Life Corporation provides financial services through the
production, distribution and administration of insurance and investment
products throughout the U.S. It has annual revenues of approximately $3.6
billion and as of December 31, 2012 had assets of approximately $57.4 billion.

Contact:

Protective Life Corporation
Eva Robertson, 205-268-3912
Investor Relations and Financial Media
eva.robertson@protective.com
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