American National Introduces the First Indexed Annuity With a Lifetime Income Rider

Galveston, Texas - June 12, 2006 - American National Insurance Company of Galveston, Texas introduced a new indexed annuity today, the ANICO Strategy Indexed Annuity, which is the first Indexed Annuity to feature a Lifetime Income Rider. This Rider guarantees an income for life, even if the annuity value declines to zero! In addition to the Lifetime Income Rider, two other Riders are available—a Return of Premium Rider and an Enhanced Death Benefit Rider.

The ANICO Strategy Indexed Annuity offers a 10-year or 7- year surrender charge period, with a 100% participation rate guaranteed for the life of the contract. The Annuity is an annual reset design and features a choice of a declared rate crediting method and/or an indexed interest crediting method.

Allocation between the two crediting methods is permitted on each contract anniversary. With equity indexed annuities experiencing a tremendous surge in popularity among financial services professionals, the ANICO Strategy Indexed Annuity with its innovative Riders is positioned to appeal to that rising market demand.

American National Insurance Company offers a wide array of insurance products with a proven strategy that has served the financial protection needs of families and business for one hundred years and counting.

For more information on the ANICO Strategy Indexed Annuity, contact the Independent Marketing Group at American National, 888-501-4043, Option 1, or visit the Independent Marketing Group Web site at www.img.anicoweb.com

Contact:

David Behrens
Executive Vice President
Independent Marketing Group
888-504-2550, Ext. 6939