Unitrin Mourns Passing of Henry Singleton

CHICAGO–(BUSINESS WIRE)–Sept. 1, 1999–Unitrin, Inc. expressed its deep regrets at the news that Dr. Henry E. Singleton, a Unitrin director and shareholder, has passed away. Dr. Singleton, 82, was the founder of Teledyne, Inc., from which Unitrin was spun off in 1990. Dr. Singleton has been a director and largest shareholder of Unitrin since its inception and was Chairman of its Board of Directors from 1990 until 1994.

Richard C. Vie, Unitrin’s Chairman and Chief Executive Officer, stated that, “The entire Unitrin family mourns the passing of Dr. Singleton and extends its condolences to his family. Dr. Singleton’s keen insights and guidance have been an inspiration to the Company and will greatly be missed.”

CONTACT: Unitrin, Inc.

Investor Relations, 312/661-4930

KEYWORD: ILLINOIS

INDUSTRY KEYWORD: BANKING INSURANCE