Allstate - You're in good hands

11/09/2004 NORTHBROOK, Ill. -

The Allstate Corporation today announced a quarterly dividend of twenty-eight cents ($0.28) on each outstanding share of the corporation's common stock payable in cash on Jan. 3, 2005 to stockholders of record at the close of business on Nov. 30, 2004.

The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer. Widely known through the "You're In Good Hands With Allstate^®" slogan, Allstate provides insurance products to more than 16 million households and has approximately 12,900 exclusive agencies and financial specialists in the U.S. and Canada. Customers can access Allstate products and services through Allstate agents, or in select states at allstate.com and 1-800 Allstate^®. Encompass^SM and Deerbrook^® Insurance brand property and casualty products are sold exclusively through independent agents. Allstate Financial Group includes the businesses that provide life insurance, annuity, retirement, banking and investment products through distribution channels that include Allstate agents, independent agents, financial institutions and broker-dealers.

FOR MORE INFORMATION:
Michael Trevino, (847) 402-5600