UNUMPROVIDENT TO HOLD 2005 INVESTOR MEETING
ON OCT. 17, 2005; WEBCAST INFORMATION PROVIDED

CHATTANOOGA, TN. (Sept. 14, 2005) – UnumProvident Corporation (UNM) announced today that it will hold its 2005 Investor Meeting on Monday, Oct. 17, 2005. The Company had previously announced that the meeting would be held on Sept. 21; however, the Company is hopeful that the new date will enable the Company to provide a material update on the status of the discussions, or potentially a settlement, with the California Department of Insurance concerning its examination and investigation of claims handling and other issues.

The Company will provide a live webcast of its 2005 Investor Meeting to be held on Monday, Oct. 17, 2005. About 15 minutes prior to the start of the meeting, you should access the “Investors & Shareholders” section of the company’s website at www.unumprovident.com. Management presentations will begin at 10 a.m. (Eastern) and will cover company operations, financial reporting, business performance, opportunities and earnings outlook. The meeting is scheduled to conclude at 4 p.m. (Eastern). A complete schedule of presentations will be posted on the company's website at www.unumprovident.com in the Investors & Shareholders section by Oct. 10, 2005. A replay of the webcast and accompanying slides will be available on this site for two weeks beginning Oct. 18, 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.

Safe Harbor Agreement
A “safe harbor” is provided for “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. Statements in this press release, which are not historical facts, are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those contained in the forward-looking statements. These risks and uncertainties include such general matters as general economic or business conditions; events or consequences relating to terrorism and acts of war; competitive factors, including pricing pressures; legislative, regulatory, or tax changes; and the interest rate environment. More specifically, they include fluctuations in insurance reserve liabilities, projected new sales and renewals, persistency rates, incidence and recovery rates, pricing and underwriting projections and experience, retained risks in reinsurance operations, availability and cost of reinsurance, level and results of litigation, rating agency actions, regulatory actions and investigations, negative media attention, the level of pension benefit costs and funding, investment results, including credit deterioration of investments, and effectiveness of product and customer support. For further information of risks and uncertainties that could affect actual results, see the sections entitled “Cautionary Statement Regarding Forward-Looking Statements” and “Risk Factors” in the Company’s Form 10-K for the fiscal year ended December 31, 2004 and subsequently filed Form 10-Qs. The forward-looking statements are being made as of the date of this press release and the Company expressly disclaims any obligation to update any forward-looking statement contained herein.