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THE NWNL COMPANIES ANNOUNCES STOCK OFFERING

 THE NWNL COMPANIES ANNOUNCES STOCK OFFERING
 MINNEAPOLIS, Oct. 13 /PRNewswire/ -- The NWNL Companies (NYSE: NWN)


today announced the public offering of 1,250,000 shares of its common stock at a public offering price of $36.875 per share.
 The offering was underwritten by Goldman, Sachs & Co.; Donaldson, Lufkin & Jenrette Securities Corporation; and Dain Bosworth Incorporated. The company has also granted the underwriters an option exercisable for 30 days to purchase at the public offering price up to an additional 187,500 shares to cover over-allotments.
 NWNL will invest the net proceeds from the sale of the shares in its life insurance operations.
 The NWNL Companies is a Minneapolis-based holding company specializing in the life and health insurance and annuity businesses.
 -0- 10/13/92
 /CONTACT: Jan Pedersen of NWNL, 612-372-5623/
 (NWN) CO: The NWNL Companies ST: Minnesota IN: INS SU: OFR


AL -- MN022 -- 9580 10/13/92 17:39 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Oct 13, 1992
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