Milliman Releases MG-ALFA(R) Version 7.0

Industry Leading Tool Delivers Major Enhancements

SEATTLE, July 14, 2010 - Milliman, Inc., the international firm of consultants and actuaries,
today announced a major new release of its MG-ALFA financial projection
software. Significant enhancements to MG-ALFA 7.0 include:

    -- A new user interface incorporating Microsoft's newest tools for
       providing a rich and efficient user experience
    -- Expanded data model that delivers unlimited model flexibility
    -- New security model integrated with Windows(R) Active Directory
    -- Direct Excel reporting capabilities
    -- Direct Excel table input capabilities

The new user interfaces continue the migration of the entire MG-ALFA
system to a more modern platform, expanding functionality and opening
opportunities for more streamlined integration with third party applications
and data sources. The expanded data model allows actuaries to define models
using any and all data elements to differentiate assumptions within the
model. The new security model supports user groups with tiered access rights,
and is controlled by the familiar and IT-friendly Active Directory structure.

The new Excel(R) integration delivers significant enhancements for both
input and output. Tabular data can now be stored in Excel and read directly
by the MG-ALFA system, and the new Excel reporting capabilities deliver
complete flexibility in report design and presentation and allow for
production reporting without moving through the system interface.

"Version 7.0 is the most significant release in our recent history," said
Pat Renzi, MG-ALFA Global Practice Leader at Milliman, Inc. "The user
interface enhancements build upon the complete rewrite of our underlying
calculation engine that we recently completed, resulting in the most modern
system on the market today. And the broad upgrades in this new version
strengthen MG-ALFA's dominant position in the US and support our European
expansion as the leading solution for C3 Phase III, Principles Based
Reserves, and Solvency II."

About MG-ALFA

MG-ALFA is financial projection software developed and supported by
Milliman and used by leading life insurance and financial firms worldwide to
perform financial projections. MG-ALFA supports a broad range of assets and
liabilities and delivers functionality for the complete spectrum of actuarial
modeling needs, from pricing and ALM projections to stochastic and nested
stochastic analysis. MG-ALFA is uniquely positioned to meet emerging
regulatory and accounting changes around the globe and offers multiple grid
computing solutions to deliver the speed and capacity necessary to meet all
requirements in a practical timeframe.

About Milliman

Milliman is among the world's largest independent actuarial and
consulting firms. Founded in Seattle in 1947 as Milliman & Robertson, the
company currently has 52 offices in key locations worldwide. Milliman employs
over 2,400 people. The firm has consulting practices in healthcare, employee
benefits, property & casualty insurance, life insurance and financial
services. Milliman serves the full spectrum of business, financial,
government, union, education and nonprofit organizations. For further
information, visit www.milliman.com

Brian S. Reid, FSA, MAAA, MG-ALFA Sales Director, +1-860-535-0573, brian.reid at milliman.com, or Martin Sher, European Product Manager, +44(0)-20-7847-1500, martin.sher at milliman.com