National Life Group (NLGroup) Appoints Chief Financial Officer

Montpelier, Vermont (April 29, 2008) - National Life Group announced today the appointment of Edward J. Parry III as executive vice president and chief financial officer. Mr. Parry has been serving as the interim CFO since November. "I am pleased to announce Ed's appointment as our chief financial officer," said Thomas H. MacLeay, chairman, president and chief executive officer of National Life Group. "Ed has a wealth of experience in financial services and strategic planning. His seasoned perspective will be of tremendous value as we build on National Life's nearly 160 years of service."

Mr. Parry has extensive background in financial services and in the insurance industry, having worked at The Hanover Insurance Group ("Hanover") in Worcester, Massachusetts (formerly Allmerica Financial) since 1992. Most recently Mr. Parry served as director and executive vice president of Hanover with responsibility for several business units, asset management, finance, claim operations, technology services and corporate development. Hanover is a $2.3 billion property and casualty insurance company with 4,200 employees and operations in 22 states.

"I am excited to be working with Tom as the Company charts its future. The executive team here is energetic and optimistic and a joy to work with."

Mr. Parry will assume his post May 1.

About National Life Group

National Life Group is a diversified family of financial service companies that has successfully forged a strong identity as a product innovator. Companies in the group offer a comprehensive portfolio of life insurance, annuity and investment* products to help individuals, families and businesses pursue their financial goals.

National Life, a Fortune 1000 company, serves more than 700,000 customers. With 2007 revenue of $1.4 billion and net income of $109 million, members of National Life Group employ roughly 900 employees, with most located at its home office in Montpelier, Vt. Group companies also maintain offices in Dallas, New York, San Francisco, Boston and Wayne, PA.

The Group is made up of its flagship company, National Life Insurance Company, founded in Montpelier, Vermont in 1848; Life Insurance Company of the Southwest, Dallas, Texas, and Sentinel Investments, Equity Services, Inc. and National Retirement Plan Advisors, all located in Montpelier.

*Securities are offered solely through Registered Representative of Equity Services, Inc., Member FINRA/SIPC, One National Life Drive, Montpelier, Vermont 05604, 802.229.3900. All companies referenced are affiliated.

National Life Group® is a trade name representing various affiliates, which offer a variety of financial service products. Sentinel Investments is the unifying brand name for Sentinel Financial Services Company, Sentinel Asset Management, Inc., and Sentinel Administrative Services, Inc. Sentinel Funds are distributed by Sentinel Financial Services Company, One National Life Drive, Montpelier, Vermont 05604, 800.233.4332.

TC41307(0408)