News Release

Torchmark Corporation Announces Chief Executive Officer at Subsidiary American Income

December 19, 2003

Torchmark Corporation (NYSE: TMK) announced today the election of Roger Smith, 51, to Chief Executive Officer and President of American Income Life Insurance Company of Waco, Texas, a Torchmark subsidiary. Mr. Smith began his career with American Income in 1975 as a field sales agent. In 1999 he was named Executive Vice President and Sales Director. Since that time American Income's number of agents and new sales volume has doubled, and the Company has become Torchmark's fastest growing distribution system.

Torchmark Corporation is a financial services holding company specializing in life and supplemental health insurance for "middle income" Americans marketed through multiple distribution channels including direct response, and exclusive and independent agencies. Subsidiary Globe Life And Accident is a nationally recognized direct-response provider of life insurance and is known for its administrative efficiencies. United American has been a nationally recognized provider of Medicare supplement health insurance since 1966. Liberty National Life, one of the oldest traditional life insurers in the Southeast, is the largest life insurer in its home state of Alabama. American Income Life is nationally recognized for providing supplemental life insurance to labor union members.

SOURCE Torchmark Corporation

CONTACT: Joyce Lane, Vice President, Investor Relations of Torchmark Corporation, +1-972-569-3627, or fax, +1-972-569-3696, or

Web site: