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USLIFE CORPORATION ANNOUNCES JAMES P. ADDIEGO JOINS AS VICE PRESIDENT-FINANCIAL ACTUARY

 USLIFE CORPORATION ANNOUNCES JAMES P. ADDIEGO JOINS AS
 VICE PRESIDENT-FINANCIAL ACTUARY
 NEW YORK, Sept. 14 /PRNewswire/ -- USLIFE Corporation (NYSE: USH) today announced that James P. Addiego has joined as vice president- financial actuary. The announcement was made by Gordon E. Crosby, Jr., chairman of the board, president and chief executive officer of USLIFE.
 In this newly created position, Mr. Addiego is responsible for recommendations regarding the actuarial aspects of tax planning, capital management and financial statements, as well as determining the statutory surplus needs of each of USLIFE's life insurance subsidiaries. He is located at the USLIFE Operations Center in Neptune, N.J. and he reports to John D. Gavrity, FSA, executive vice president-chief financial actuary.
 James P. Addiego, 50, has a 29-year career in the life insurance business. Most recently, he served as vice president-actuary with Mutual Benefit Life Insurance Company. Previously, he held various management positions with other insurance companies.
 Mr. Addiego earned his Bachelor of Science degree in mathematics from St. Francis College. He is an associate of the Society of Actuaries (ASA) and a member of the American Academy of Actuaries (MAAA).
 A native of New York City, he and his wife, Joan, reside in Burlington, N.J. They have three sons.
 In making this announcement, Mr. Crosby commented: "We are pleased to welcome James P. Addiego to our company. His extensive career as an experienced actuary and his ability as a manager should enable him to make significant contributions to USLIFE Corporation, particularly in his day-to-day relationships with each of our ordinary life insurance companies.
 -0- 9/14/92
 /NOTE TO EDITORS: USLIFE Corporation is a life insurance-based holding company whose principal subsidiaries engage in the life insurance business. With nationwide operations, the USLIFE Life Insurance Division has three ordinary life insurance companies and a credit insurance group with approximately $109 billion of life insurance in force as of June 30, 1992. Additionally, there are five other subsidiaries that furnish the life insurance companies with investment advisory, broker-dealer, real estate, data processing and administrative services./
 /CONTACT: Richard P. Keating, vice president corporate communications of USLIFE Corporation, 212-709-6227/
 (USH) CO: USLIFE Corporation ST: New York IN: INS SU: PER


SM-PS -- NY028 -- 9202 09/14/92 13:55 EDT
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Date:Sep 14, 1992
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