Torchmark Prices Senior Notes Offering

MCKINNEY, Texas -

Torchmark Corporation (NYSE: TMK) announced today that it has priced an offering of US$300 million in aggregate principal amount of 9.25% Senior Notes that will mature in 2019. Torchmark expects the offering to close on June 30, 2009, subject to the satisfaction of customary closing conditions. The net proceeds of the offering will be used for the repayment of the US$99.45 million in aggregate principal amount of Torchmark’s 8.25% Senior Debentures that mature on August 15, 2009, and general corporate purposes.

Wachovia Capital Markets, LLC and SunTrust Robinson Humphrey, Inc. are acting as joint book-running managers for the offering.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the notes or any other securities, nor will there be any sale of the notes or any other securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The notes will be sold pursuant to Torchmark’s effective shelf registration statement on file with the Securities and Exchange Commission.

The offering of the notes is being made only by means of a prospectus supplement and accompanying prospectus, copies of which may be obtained from:

Wachovia Capital Markets, LLC c/o Wachovia Customer Information Center 1525 West W.T. Harris Boulevard Charlotte, North Carolina 28262-0675 Attention: Syndicate Operations +1-800-326-5897 SunTrust Robinson Humphrey, Inc. 303 Peachtree Street, 24th Floor Mail Code: GA-ATLANTA-3947 Atlanta, GA 30308 Attention: Investment Grade Debt Capital Markets +1-800-685-4786

Alternatively, the prospectus supplement and accompanying prospectus may be obtained by visiting the SEC’s Web site at www.sec.gov.

Torchmark Corporation is a holding company specializing in life and supplemental health insurance for “middle income” Americans marketed through multiple distribution channels including direct response, and exclusive and independent agencies.

CAUTION REGARDING FORWARD-LOOKING STATEMENTS:

This press release contains certain statements that may be deemed to be “forward-looking statements” within the meaning of the federal securities laws. These forward-looking statements reflect management’s current expectations, but are not guarantees of future performance. Accordingly, please refer to Torchmark’s cautionary statement regarding forward-looking statements and the risks and uncertainties applicable to Torchmark’s business that are contained in the Company’s Form 10-K for the year ended December 31, 2008, and any subsequent Forms 10-Q or Forms 8-K on file with the Securities and Exchange Commission and on the Company’s website at www.torchmarkcorp.com on the Investor Relations page. Torchmark specifically disclaims any obligation to update or revise any forward-looking statement because of new information, future developments or otherwise.

Source: Torchmark Corporation

Mike Majors, Vice President, Investor Relations of Torchmark Corporation, +1-972-569-3627, fax, +1-972-569-3282, tmkir at torchmarkcorp.com