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Anthem, Inc.
120 Monument Circle, Indianapolis, IN 46204 * (317) 488-6000
Business Description The company is one of the nation's largest health benefits companies, serving over seven million members, or customers, primarily in Indiana, Kentucky, Ohio, Connecticut, New Hampshire, Maine, Colorado and Nevada.
Offering
Information

Company has
gone public

Trading As  ATH (NYSE) Industry  Financial (SIC 6324)
Type of Stock Offered  Common Shares Filing Date  8/16/2001
Domestic Shares Offered  48,000,000 Offer Date  10/29/2001
Foreign Shares Offered  0 Filing Range  $33.00 - $37.00
Company Shares  48,000,000 Offer Price  $36.00
Selling Shrhldrs Shares  0 Gross Spread  $1.660
Gross Proceeds  $1,728,000,000 Selling  $1.000
Expenses  - - Reallowance  $0.100
Post-IPO Shares  100,290,000 Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Goldman, Sachs & Co. Lead Manager (212) 902-5959
A.G. Edwards & Sons, Inc. Co-manager (314) 955-3039
ABN Amro Roth Co-manager (212) 314-1080
Banc of America Securities LLC Co-manager (415) 627-2100
CS First Boston Co-manager (212) 325-2000
Dresdner Kleinwort Benson Co-manager (212) 429-2000
J.P. Morgan & Co. Co-manager (212) 648-0517
Lehman Brothers Incorporated Co-manager (212) 526-8100
McDonald & Company Securities, Inc. Co-manager (216) 443-2370
Merrill Lynch & Co. Co-manager (212) 449-4600
Morgan Stanley & Co. Incorporated Co-manager (212) 761-5900
Salomon Smith Barney Co-manager (212) 723-7300
UBS Warburg LLC Co-manager  
Utendahl Capital Partners LP Co-manager  
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures 6 Months Ending
Figures in U.S. millions except per share data 12/31/1996 12/31/1997 12/31/1998 12/31/1999 12/31/2000 6/30/2000 6/30/2001
Revenues   5,222.500 5,312.200 5,682.400 6,270.100 8,771.000 3,964.700 4,995.700
Income from Oper.   208.500 106.700 288.200 60.800 329.800 129.700 209.700
Net Income   96.100 -159.000 172.400 44.900 226.000 90.300 143.000
E.P.S   - - - - - - -
Revenue Growth (%)      1.72 6.97 10.34 39.886   26.00
Net Income Growth (%)      - - -73.96 403.34   58.36
Oper. Profit Margin (%)    3.99 2.01 5.07 0.97 3.76 4.20 3.27
Net Profit Margin (%)    1.84 - 3.03 0.72 2.58 2.86 2.28
Cash Flow - Oper.     684.50 - -
Cash Flow - Inv.     -761.10 - -
Cash Flow - Fin.     75.50 - -
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 6/30/2001 Financial Ratios
Total Assets    5,838.00 Current Assets    - Current Ratio    -
Total Liab.    3,774.10 Current Liab.    - Debt Ratio    64.65%
Total Equity    2,063.90 Working Cap.    - Debt to Equity Ratio    1.83
Cash    4,029.60    Return on Assets   2.45%
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Baker & Daniels
Bank's Law Firm  Sullivan & Cromwell
Registrar/Transfer Agent  EquiServe
Auditor  Ernst & Young
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Last updated: 11/4/2001 7:25:10 PM
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