Alfa President Jerry Newby along with family and members of Alfa's management team opened the NASDAQ Stock Market on Dec. 22, 2005 in New York City. The event marked Alfa Corp's 20th anniversary of NASDAQ trading. (Photo© Copyright 2005, The Nasdaq Stock Market, Inc. Reprinted with permission.)

New York (Dec. 22, 2005) - Alfa Corp. President and Chief Executive Officer Jerry A. Newby opened The NASDAQ Stock Market on Thursday, Dec. 22, as members of his family and members of Alfa's management team looked on.

The event marked Alfa Corp.'s 20th anniversary of trading on The NASDAQ Stock Market.

"Over the past 20 years, Alfa has evolved into a broad-based regional company, entering new markets and further expanding its products and services," said Newby. "Alfa's financial performance has been a distinct advantage for our customers and our investors. Consistent conservative management practices, disciplined underwriting, a strong loss ratio and solid earnings performance – all speak to the company's financial strength and have formed a strong foundation for the progress we envision in future years."

Among management team members participating in the opening ceremony were Executive Vice President of Operations Lee Ellis and Chief Financial Officer Steve Rutledge.The market opening by Alfa Corp. was also available to investors via a live simulcast.

More photos of Alfa's NASDAQ opening are available at the NASDAQ Web site at: http://nasdaq.com/reference/200512/market_open_122205.stm#reprints

Alfa Corp. is engaged in insurance and financial activities through its subsidiaries. The common stock of Alfa Corp. is traded on the Nasdaq Stock Market’s National Market under the symbol ALFA.