PROXY CORNER: Conseco Inc.

Indianapolis Business Journal, Nov 2, 2009

Conseco Inc., 11825 N. Pennsylvania St., Cannel, 46032 (www.conseco.com) provides Medicare supplement, cancer, heart/stroke and accident insurance policies as well as annuities and life insurance products through a nationwide network of distributors. For the quarter ended June 30, the company reported net income of $27.6 million, or 15 cents per diluted share, on $1.1 billion in revenue. That compares with a net loss of $488.5 million, or $2.65 per diluted share, on $1.1 billion in revenue for same period the previous year. The company's shares trade on the New York Stock Exchange under the ticker symbol CNO. Information for Proxy Corner was taken from Bloomberg News and from the company's proxy statement dated April 23, 2009.

VALUE

(Table omitted)

NOTEWORTHY CONTROL

Columbia Wanger Asset Management LP

Number of common shares: 26,489,000

Percent of total: 14.3

Steel Partners II LP

Number of common shares: 14,801,460

Percent of total: 8.0

Hotchkis and Wiley Capital Management

Number of common shares: 12,024,641

Percent of total: 6.5

EXECUTIVE COMPENSATION

(Table omitted)

DIRECTORS

R. Glenn Hilliard

Age: 66

Occupation: chairman of the company, chairman and CEO of Hilliard Group LLC

Other directorships: Columbia Funds Series Trust, Banc of America Funds Trust

Number of common shares: 1,565,294

Previous year: 1,454,357

C. James Prieur

Age: 57

Occupation: CEO of the company

Number of common shares: 795,000

Previous year: 305,000

Donna A. James

Age: 51

Occupation: president and managing director, Lardon and Associates

Other directorships: Coca-Cola Enterprises Inc., Limited Brands Inc., Time Warner Cable Inc.

Number of common shares: 10,807

Previous year: 4,557

R. Keith Long

Age: 67

Occupation: president and CEO, Otter Creek Management Inc.

Number of common shares: N/A

Previous year: N/A

Debra J. Perry

Age: 58

Occupation: managing member, Perry Consulting LLC

Other directorships: Korn/Ferry International

Number of common shares: 40,381

Previous year: 34,131

Neal C. Schneider

Age: 64

Occupation: Chairman, PMA Capital Corp.

Number of common shares: 41,407

Previous year: 35,157

Michael T. Tokarz

Age: 59

Occupation: Chairman of MVC Capital Inc., managing member of the Tokarz Group LLC, chairman Walter Industries Inc.

Other directorships: Idex Corp., Dakota Growers Pasta Cos. Inc.

Number of common shares: 38,907

Previous year: 32,657

John G. Turner

Age: 69

Occupation: Chairman, Hillcrest Capital Partners

Other directorships: Hormel Foods Corp.

Number of common shares: 46,907

Previous year: 40,657

Doreen A. Wright

Age: 52

Occupation: retired senior vice president, Campbell Soup Co.

Other directorships: The Oriential Trading Co.

Number of common shares: 12,307

Previous year: 6,057