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JAMES DIMON NAMED PRIMERICA'S CHIEF OPERATING OFFICER; OFFICE OF THE CHAIRMAN FORMED

 NEW YORK, Nov. 4 /PRNewswire/ -- Primerica Corporation (NYSE: PA) announced today that James Dimon, President and Chief Financial Officer, has also been named to the new post of Chief Operating Officer.
 In addition, Sanford I. Weill, Primerica's Chairman and Chief Executive Officer, announced the formation of an Office of the Chairman, consisting of Mr. Dimon, Robert I. Lipp and Frank G. Zarb, both Vice Chairmen and Group Chief Executives, and Robert F. Greenhill, Chairman and Chief Executive Officer of Primerica's Smith Barney Shearson subsidiary.
 Mr. Weill said, "Jamie Dimon provides a range of talents and depth of knowledge of all our businesses from which everyone on the management team at Primerica benefits. His contributions to the efficient operation of the parent company, as well as each of our business units, are virtually immeasurable. This new title, therefore, is simply well- deserved recognition for, and a formalization of, the myriad responsibilities he assumes and executes so exceedingly well throughout the organization."
 Mr. Weill added, "The new Office of the Chairman unites the most senior management team directly responsible - and accountable - for all of Primerica's operating units. These are truly the key people on whom I rely for their judgment, wisdom and experience, and the leaders who will help direct our company as we progress into the next exciting phase of its existence as The Travelers. I am very proud to have them as my partners, and as my most senior advisors."
 Primerica Corporation is a diversified financial services company principally engaged in investment banking and securities brokerage, mutual funds and asset management, consumer lending, and life, credit, accident & health and property & casualty insurance. As of September 30, 1993, Primerica had assets of approximately $48 billion and book value of approximately $20.75 per common share.
 -0- 11/4/93
 /CONTACT: Mary McDermott, 212-891-8870 or Barbara Yastine, 212-891-8872, both of Primerica/
 (PA)


CO: Primerica Corporation ST: New York IN: FIN SU: PER

LG -- NY031 -- 0575 11/04/93 09:35 EST
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Publication:PR Newswire
Date:Nov 4, 1993
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