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AmerUs Group Co., 6.25% Income PRIDES due 8/16/2006
Ticker Symbol: AMH-A**     CUSIP: 03072M405     Exchange: NYSE
Security Type:   Mandatory Convertible Security
* NOTE: This security is no longer trading as of 8/16/2006

QUANTUMONLINE.COM SECURITY DESCRIPTION:  AmerUs Group Co., 6.25% PRIDES, stated amount $25 per unit, initially consisting of Income PRIDES which include a stock purchase contract and a 5.50% senior note with a principal amount of $25. The stock purchase contract requires the holder to purchase for $25 a variable number of shares of AmerUs Group Co. (NYSE: AMH) common stock no later than 8/16/2006 and pays a contract adjustment rate of 0.75% per annum. The stock purchase settlement rate will be a variable number of shares per unit (see prospectus for calculation) if the then current market price is equal to or greater than $33.80 and 0.9615 shares per unit if the market price is equal to or less than $26.00. For market prices between those values the settlement rate will be $25 divided by the market value. Prior to the IPO of this security, the last reported sale price of the common stock on 5/21/2003 was $26.00. The senior note is due 5/16/2008 and is subject to reset and remarketing on the third business day prior to 2/16/2006. The Income PRIDES pay quarterly distributions of 6.25% ($1.5625) per annum on 2/16, 5/16, 8/16 & 11/16 to holders of record on the 15th business day prior to the payment date while the securities remain in book-entry form. The senior notes are pledged as collateral to secure the holder's obligations under the stock purchase contract. The holder has the right at any time to convert the Income PRIDES to Growth PRIDES by the substitution of a specified zero-coupon U.S. Treasury security for the senior notes and to later recreate Income PRIDES. The notes are unsecured obligations of the company and will rank equally with all existing and future unsecured and unsubordinated debt of the company. See the IPO prospectus for extensive additional information on the PRIDES and their mandatory conversion provisions by clicking on the ‘Link to IPO Prospectus’ provided below.
Stock
Exchange
Cpn Rate
Ann Amt
LiqPref
CallPrice
Call Date
Matur Date
Moodys/S&P
Dated
Conversion
Shares@Price
Distribution Dates 15%
Tax Rate
NYSE
Chart
6.25%
$1.5625
$25.00
n.a.
8/16/2006
8/16/2008
Baa3 BBB+
1/15/2006
Variable
.09615@$26.00-
2/16, 5/16, 8/16 & 11/16
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
No

Go to Parent Company's Record (AMH)

IPO - 5/23/2003 - 5.00 Million Units @ $25.00/unit.    Link to IPO Prospectus
Market Value $125.0 Million

Company's Online Information Links
HOME PAGE:     http://www.amerus.com/
Company's Investor Relations Information Go to Investor Relations Information
Company's Online News Releases Go to News Releases
Online Company Profile Go to Online Profile

Company's Online SEC EDGAR Filings
Company's SEC EDGAR Filings Go to SEC Filings

Company's Email Address Links
Email Address marty.ketelaar@amerus.com
Email Contact Form on Website Go to Email Form

Address and Phone Numbers
Address:   699 Walnut Street, Des Moines, IA 50309
Main Phone Number 515-362-3600
Fax Number 515-557-2625
Investor Relations   Marty Ketelaar 515-362-3693
Toll Free Phone Number 800-800-7032
CEO - Roger K. Brooks CFO - Melinda S. Urion

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