INVESTOR RELATIONS POLICY

 

Infinity is committed to providing timely, orderly and credible information consistent with legal and regulatory requirements to enable orderly behavior in the market. Infinity will strive to provide disclosure evenly so that all parties in the investment community have fair access to this information.

 

Scope:

This policy covers all Infinity personnel and its Board of Directors.It covers all SEC-filed documents and written statements made in the Company’s annual and quarterly reports, news and earnings releases, letters to shareholders, speeches and information contained in the Company’s Web site.It also covers any communications to analysts, investors, regulators, the media, customers, suppliers, and friends and relatives of Infinity personnel.

 

Primary Spokespersons:

The CEO, CFO and Investment Relations Director are designated as the primary spokespersons to respond to inquiries made to the company.The named above may designate others within the Company to respond to such inquiries.

 

Instructions to employees who are not Spokespersons:

No Infinity employee, other than the primary spokespersons named above, may respond to any individual inquiries from the investment community or financial media unless specifically asked to do so by a spokesperson.

 

Disclosure Process:

News releases concerning material nonpublic information will be transmitted to the wire services and posted to our website during non-trading hours.If this is not possible, a copy of the release will be faxed to NASDAQ prior to the release so that NASDAQ has an opportunity to determine whether a trading halt is necessary. Material nonpublic information that is inadvertently disclosed to analysts, investment professionals, or any shareholder who may trade on the information, will be immediately released to the public.

 

Responding to Market Rumors:

Spokespersons will respond consistently to rumors, saying, “It is our policy not to comment on market rumors or speculation.”We do not comment on questions associated with pending acquisitions, dispositions, litigation or on loss reserves for specific claims.

 

Earnings Releases & Conference Calls:

We release results of operations and conduct interactive conference calls, which will be webcast, on a quarterly basis. We will announce the date and time of the conference call on our Website and in a news release.The call will be open to the public and will be archived on our website for 3 months after the date of the call.

 

 
Copyright 2003 Infinity Property & Casualty Corporation. All rights reserved.