Anthem, Inc. Announces Appearance at Upcoming Conference.

INDIANAPOLIS -- Anthem, Inc. (NYSE:ATH), announced today that senior management is scheduled to appear at the Banc of America Securities 34th Annual Investment Conference on September 20, 2004.

The presentation is expected to begin at 12:30 p.m. Eastern Daylight Time (EDT). A breakout session will follow at approximately 1:00 p.m. EDT. All parties are invited to listen to the webcasts of the presentation and breakout session by visiting www.anthem.com and selecting the Investor Relations link.

To listen to the live webcasts, please visit Anthem's website at least 20 minutes prior to the expected start of the presentation to download and install any necessary audio software. Individuals who listen to the webcasts will be presumed to have read Anthem's most recent reports filed on Forms 10-K and 10-Q.

Anthem's mission is to improve the health of the people it serves. Anthem, Inc. is an Indiana-domiciled publicly traded company that, through its subsidiary companies, provides health care benefits to more than 12.6 million people. Anthem is the fourth largest publicly traded health benefits company in the United States and an independent licensee of the Blue Cross and Blue Shield Association. Anthem is the Blue Cross and Blue Shield licensee for Indiana, Kentucky, Ohio, Connecticut, New Hampshire, Colorado, Nevada, Maine and Virginia, excluding the Northern Virginia suburbs of Washington, D.C. Anthem had assets of $13.7 billion as of June 30, 2004, and full year 2003 revenue of $16.8 billion. More information about Anthem is available at www.anthem.com.