A press release from Genworth Financial, Inc. issued earlier today should have said that the pro forma net operating earnings per share for the six months ended June 30, 2004 were $1.07 for Basic and Diluted shares rather than $1.03. This change has no impact on any other reported number contained in the release.

A copy of the corrected table is attached below. The complete release, as corrected, is posted on the company's website, http://www.genworth.com/.

  RECONCILIATION OF COMPANY NET EARNINGS TO PRO FORMA NET OPERATING EARNINGS

                                                                      Year
                                         Three months   Six months   ended
                                            ended          ended    December
                                          June 30,        June 30,     31,
  (Amounts in millions, except            2004   2003   2004   2003   2003
   per share amounts)
                                                    (Unaudited)
  Net earnings                            $268   $364   $540   $695  $1,081
  Net earnings from discontinued
   operations, net of taxes                --     (99)   --    (176)   (186)
  (Gain) loss on sale of discontinued
   operations, net of taxes                --     --      (7)   --       74
  Cumulative effect of accounting
   change, net of taxes                    --     --      (5)   --       --
  Net earnings from continuing
   operations                              268    265    528    519     969

  Excluded assets and liabilities  (a)       6    (10)     7    (10)    (15)
  Reinsurance transactions  (b)             (4)    (2)    --    (17)    (20)
  Capital structure and other  (c)          (9)   (11)   (18)   (21)    (42)
  Pro forma net earnings from
   continuing operations                   261    242    517    471     892

  Net realized investment (gains) losses
   on investments, net of taxes             (4)    14    (14)     1     (25)
  One-time taxes charge relating to
   initial public offering                  22     --     22     --      --
  Pro forma net operating earnings        $279   $256   $525   $472    $867


  Net earnings per share
     Basic                               $0.55  $0.74  $1.10  $1.42   $2.21
     Diluted                             $0.55  $0.74  $1.10  $1.42   $2.20

  Net earnings from continuing
   operations per share
     Basic                               $0.55  $0.54  $1.08  $1.06   $1.98
     Diluted                             $0.55  $0.54  $1.08  $1.06   $1.97

  Pro forma net earnings from continuing
   operations per share
     Basic                               $0.53  $0.49  $1.06  $0.96   $1.82
     Diluted                             $0.53  $0.49  $1.05  $0.96   $1.82

  Pro forma net operating earnings per
   share
     Basic                               $0.57  $0.52  $1.07  $0.96   $1.77
     Diluted                             $0.57  $0.52  $1.07  $0.96   $1.77

  Pro forma shares outstanding:
     Basic                               489.5  489.5  489.5  489.5   489.5
     Diluted                             490.9  490.9  490.9  490.9   490.9

SOURCE: Genworth Financial, Inc.