Jasinski Joins Conseco Capital Management as Vice President, Manager of High-Yield Trading.

Business Editors

CARMEL, Ind.--(BUSINESS WIRE)--Sept. 21, 2000

Conseco Capital Management, Inc. (CCM) announced today that R. Anthony Jasinski Jr. has joined the firm as vice president and manager of high-yield trading. Jasinski also will assist in the management of CCM's institutional, mutual fund, and affiliated high-yield portfolios which encompass more than $4.2 billion in assets. He will report to Eric Todd, vice president and director of high-yield and structured products.

Prior to joining CCM, Jasinski was managing director of fixed-income and high-yield investments at PPM America, Inc. During his 12-year career, he also has served as vice president of fixed-income investments at Scudder Kemper Investments, Inc. where he directed high-yield and high-grade bond trading. As vice president of corporate finance at Libra Investments, Inc., Jasinski was responsible for public and private high-yield debt transactions and advised middle-market companies on acquisitions, divestitures and financial restructurings.

Early in his career, he worked at Salomon Brothers, Inc. as a financial analyst in mergers, acquisitions and leveraged finance, specializing in high-yield debt transactions. He began his career at in the merchant banking department of Continental Bank, N.A. where he worked as a financial analyst focusing on equity investment and debt lending in highly leveraged transactions.

"Tony provides our clients with an exceptional fixed-income management track record, is totally in-tune with how CCM structures its total-return-driven portfolios, and has an excellent grasp of the nuances associated with our high-yield investment performance model," said Maxwell Bublitz, CCM president and CEO.

Jasinski was graduated with distinction from the University of Michigan with a bachelor's degree in business administration with a concentration in finance and accounting. He also has earned a master's degree in management (finance) from Northwestern University's J.L. Kellogg Graduate School of Management.

A candidate for Level III Chartered Financial Analyst (CFA) designation, Jasinski has passed the exam and is awaiting final designation. He also holds NASD Series 7 and 63 licenses.

Formed in 1981, CCM is an independent, wholly owned subsidiary of - and the investment adviser for - Conseco, Inc., as well as the investment adviser for Conseco Fund Group (CFG).

CCM also serves as the fixed-income and equity investment adviser covering a wide range of asset classes for more than 200 institutional clients including: Endowments, corporate and government pension funds, Taft-Hartley pension funds, hospitals, insurance companies, religious organizations and high-net-worth individuals. As of June 30, CCM had more than $35 billion in taxable and non-taxable assets under management.

CFG offers a family of eight actively managed mutual funds through more than 180 national and regional broker-dealers. The CFG fund family includes the: Conseco Science & Technology Fund, Conseco 20 Fund, Conseco Equity Fund, Conseco Large-Cap Fund, Conseco Convertible Securities Fund, Conseco Balanced Fund, Conseco High Yield Fund, and Conseco Fixed Income Fund.

CFG mutual funds are distributed through Conseco Equity Sales, Inc., member NASD, a wholly owned subsidiary of Conseco, Inc. For more information regarding CFG mutual funds, please obtain a prospectus through your financial advisor and read it carefully.