UNUMPROVIDENT DECLARES DIVIDEND OF $0.075 PER SHARE OF COMMON STOCK

CHATTANOOGA, TN (July 15, 2005) – On July 14, 2005, the Board of Directors of UnumProvident Corporation (NYSE: UNM) declared a quarterly dividend of $0.075 per share of its Common Stock, to be paid on August 19, 2005, to stockholders of record on July 25, 2005.

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About UnumProvident UnumProvident (UNM) is the largest provider of group and individual disability income protection insurance in the United States and United Kingdom. Through its subsidiaries, UnumProvident Corporation insures more than 25 million people and paid $5.9 billion in total benefits to customers in 2004. With primary offices in Chattanooga, Tenn., and Portland, Maine, the company employs more than 12,000 people worldwide. For more information, visit www.unumprovident.com.