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BUSINESS OPERATIONS AT KEMPER FINANCIAL SERVICES RESUME FOLLOWING CHICAGO'S UNDERGROUND FLOODING

 BUSINESS OPERATIONS AT KEMPER FINANCIAL SERVICES
 RESUME FOLLOWING CHICAGO'S UNDERGROUND FLOODING
 CHICAGO, April 14 /PRNewswire/ -- Kemper Financial Services, Inc. (KFS) said today that business operations have resumed after being temporarily interrupted by Chicago's underground flooding on Monday.
 "While the flooding from the Chicago River has forced the temporary evacuation of our headquarters at 120 S. LaSalle Street, business operations have resumed today," said KFS chairman, president and CEO Charles M. Kierscht. "Customer service was virtually uninterrupted throughout the disaster as our main phone center for shareholders is located outside the affected area. Our toll-free number, 1-800-621-1148, is operational."
 Kemper's investment operations are continuing at temporary facilities that have been set up at other Kemper locations which were unaffected by the flooding. KFS' LaSalle Street employees reported to Kemper offices at 120 S. Riverside Plaza (312-669-7772).
 According to Kierscht, prices on Kemper's 28 open-end mutual funds were not calculated on Monday night due to telecommunications difficulties. "We expect, however, that all funds will be priced and reported on Tuesday and that Monday and Tuesday's purchases and redemptions will be processed at Tuesday's close of business. Dividends will be processed and distributed as usual."
 Kemper Financial Services is the Midwest's largest money manager with more than $67 billion in assets under management and 2.6 million shareholder accounts. KFS is a subsidiary of Kemper Corp.(NYSE:KEM), a nonoperating holding company with subsidiaries in asset management, securities brokerage, life insurance, reinsurance, property-casualty insurance and risk management.
 -0- 4/14/92
 /CONTACT: Ira Nathanson, 708-540-4463, or Janice Kalmar, 708-540-4465, both Kemper Corp/
 (KEM) CO: Kemper Financial Services Inc.; Kemper Corp. ST: Illinois IN: FIN SU:


AH -- NY067 -- 5946 04/14/92 15:00 EDT
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Publication:PR Newswire
Date:Apr 14, 1992
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