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JEFFERSON-PILOT TO APPEAL PARTIAL SUMMARY JUDGMENT ORDER

 JEFFERSON-PILOT TO APPEAL PARTIAL SUMMARY JUDGMENT ORDER
 GREENSBORO, N.C., April 10 /PRNewswire/ -- Jefferson-Pilot


Corporation (NYSE: JP) announced that the United States District Court for the Middle District of North Carolina today issued a formal judgment and memorandum affirming its earlier ruling in Louise Price Parsons' litigation against the corporation and certain of its directors and senior officers.
 A spokesman for the corporation stated that the corporation believes that the court erred in granting Ms. Parsons' request for partial summary judgment and the relief granted, and indicated that the corporation plans to appeal this ruling.
 As the corporation has previously announced, shareholders will be asked at the 1992 annual meeting, scheduled to be held on May 4, 1992, to clear up the issues raised by this litigation by ratifying the 1990 amendment. According to a spokesman for the corporation, the court's ruling will have no effect upon solicitation for the ratification proposal.
 -0- 4/10/92
 /CONTACT: John Still of Jefferson-Pilot Corporation, 919-691-3382/
 (JP) CO: Jefferson-Pilot Corporation ST: North Carolina IN: INS SU:


GK -- NY071 -- 7443 04/10/92 18:20 EDT
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Publication:PR Newswire
Date:Apr 10, 1992
Words:182
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