KEMPER, CASTLEBRIDGE ALIGN

July 24, 2000

Kemper Solutions has entered into a strategic alliance with Castlebridge Partners to jointly develop risk management products and services that combine insurance and capital market features. Kemper Solutions and Castlebridge will collaborate on such products as: Price caps and floors for specialty commodities such as various paper and forest products, agricultural products and other industrial raw materials; price caps on baskets of commodities for clients considering multi-year, multi-line integrated risk programs; and variable risk products that adjust insurance program terms based on changes in an independent index or business variable such as oil prices, pulp prices, or interest rates.