A.M. Best Places Ratings of CNL Financial Corporation's Insurance Subsidiaries Under Review.

OLDWICK, N.J. -- A.M. Best Co. has placed the financial strength rating (FSR) of A- (Excellent) of Cherokee National Life Insurance Company (Cherokee National) under review with developing implications. A.M. Best has also placed the FSR of B (Fair) of CNL/Insurance America, Inc., a property/casualty insurance company, under review with developing implications. Both are subsidiaries of CNL Financial Corporation (CNL) and are domiciled in Macon, GA. These actions follow the announcement that OneAmerica Financial Partners, Inc. has entered into an agreement with Securian Financial Group, Inc. to purchase OneAmerica's loan protection and credit insurance products and distribution.

The purchase includes CNL and its above named subsidiaries, as well as CNL/Resource Marketing Corporation (REMARC), a managing general underwriter. As part of this purchase, Securian will assume some credit products manufactured by American United Life Insurance Company (AUL) through an indemnity reinsurance transaction. Securian plans to retain and grow CNL's Macon operations.

The sale enables AUL to focus on its core lines of business--life, group and retirement services--which currently represent more than 97% of its premium dollars and more than 99% of assets. This transaction is expected to close in the first quarter of 2006 pending regulatory approval. The ratings of OneAmerica and Securian and their other subsidiaries are unaffected by this pending transaction.

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A.M. Best Co., established in 1899, is the world's oldest and most authoritative insurance rating and information source. For more information, visit A.M. Best's Web site at www.ambest.com.