Principal Financial Group Chairman and CEO Named 2013 Lillywhite Award Winner

  Principal Financial Group Chairman and CEO Named 2013 Lillywhite Award
  Winner

 Larry Zimpleman recognized by EBRI for outstanding contributions to economic
                                   security

Business Wire

DES MOINES, Iowa -- September 3, 2013

Larry D. Zimpleman, chairman, president and chief executive officer of the
Principal Financial Group^®, has been named the winner of the 2013 Lillywhite
Award. The Employee Benefit Research Institute (EBRI) sponsors the award,
which recognizes outstanding lifetime contributions to Americans’ economic
security.

“Larry’s contributions to America’s retirement prospects extend through the
tens of millions of participants served by The Principal^® during his career,
as well as his leadership in a wide variety of professional and academic
organizations over the years,” noted Dallas Salisbury, president and CEO of
EBRI, which has sponsored the award since 1992. “He is a long-standing
champion of savings and financial literacy, who continues to lead both his
company and this industry by his example.”

Salisbury will present the award to Zimpleman on October 29, 2013, at the
Pensions & Investments West Coast Defined Contribution Conference in San
Francisco.

Zimpleman joined The Principal in 1971 as an actuarial intern. He has more
than 40 years’ experience in the financial services industry at The Principal,
including all aspects of strategic and operations management. Since 2001,
Zimpleman has led the company’s global expansion efforts and integration of
domestic pension operations with retirement businesses outside the U.S.

As a highly regarded expert on retirement security, investment management and
global retirement systems, his leadership and expertise is regularly sought by
government officials and regulators worldwide. In both 2002 and 2006,
Zimpleman was elected to serve as a delegate to the congressionally mandated
National Summit on Retirement Savings (SAVER Summit) held in Washington, D.C.
Zimpleman participates in The Wall Street Journal’s “The Experts” and
frequently writes guest opinions for various publications and on The Principal
Blog.

Zimpleman holds leadership positions in several industry organizations
(including the Financial Services Roundtable, the American Council of Life
Insurers, and the Business Roundtable) focused on promoting and protecting the
financial security of workers and businesses throughout the United States and
worldwide.

Zimpleman was presented the Lifetime Achievement Award in 2012 from
PLANSPONSOR, a national retirement industry magazine, for his extraordinary
contributions to the retirement plan industry.

The Lillywhite Award is named for Ray Lillywhite, a pioneer in the pension
field with Alliance Capital, who for decades guided state employee pension
plans. EBRI established the award in 1992 to acknowledge the contributions of
individuals who have had distinguished careers in the investment management
and employee benefits fields and whose outstanding service enhances Americans'
economic security. More information about the Lillywhite Award and a list of
previous winners is online at www.ebri.org/programs/lillywhite/.

For more news and insights from The Principal, connect with us on Twitter at
http://twitter.com/ThePrincipal.

About EBRI

Commemorating its 35^th anniversary in 2013, the Employee Benefit Research
Institute is a private, nonpartisan, nonprofit research institute based in
Washington, DC, that focuses on health, savings, retirement, and economic
security issues. EBRI does not lobby and does not take policy positions. The
work of EBRI is made possible by funding from its members and sponsors, which
include a broad range of public, private, for-profit and nonprofit
organizations. For more information go to www.ebri.org or www.asec.org.

About the Principal Financial Group

The Principal Financial Group^® (The Principal^®)^1 is a global investment
management leader offering retirement services, insurance solutions and asset
management. The Principal offers businesses, individuals and institutional
clients a wide range of financial products and services, including retirement,
asset management and insurance through its diverse family of financial
services companies. Founded in 1879 and a member of the FORTUNE 500^®, the
Principal Financial Group has $450.6 billion in assets under management^2 and
serves some 19.8 million customers worldwide from offices in Asia, Australia,
Europe, Latin America and the United States. Principal Financial Group, Inc.
is traded on the New York Stock Exchange under the ticker symbol PFG. For more
information, visit www.principal.com

^1 “The Principal Financial Group” and “The Principal” are registered service
marks of Principal Financial Services, Inc., a member of the Principal
Financial Group.

^2 As of June 30, 2013.

Contact:

Principal Financial Group
Sonja Sorrel, 515-362-2431
sorrel.sonja@principal.com
or
Terri Hale, 515-283-8858
hale.terri@principal.com