Humana prices offering of $300 million of Senior Notes

Humana prices offering of $300 million of Senior Notes

August 2, 2001 at 12:00 AM EDT

LOUISVILLE, KY - (August 2, 2001) - Humana Inc. (NYSE: HUM) announced today the pricing of a public offering of $300 million of its 7.25 percent Senior Notes due August 1, 2006 at 99.759 percent of the principal amount. J.P. Morgan Securities Inc. and Lehman Brothers Inc. are acting as the joint book-running managers. Humana expects to use all of the net proceeds from the offering to repay a portion of the amounts outstanding under its existing credit facility.

This press release does not constitute an offer to sell the securities or the solicitation of an offer to buy the securities, nor will there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful prior to their registration or qualification under the securities law of any state or jurisdiction.

Copies of the final prospectus relating to the offering may be obtained from the offices of J.P. Morgan or Lehman Brothers.

Humana Inc., headquartered in Louisville, Kentucky, is one of the nation's largest publicly traded health services companies, with approximately 6.5 million medical members located primarily in 18 states and Puerto Rico. Humana offers coordinated health benefits coverage through a variety of plans – health maintenance organizations, preferred provider organizations, and administrative service products – to employer groups and government-sponsored plans.