HORACE MANN EDUCATORS CORPORATION PROXY SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS FOR THE ANNUAL MEETING OF SHAREHOLDERS MAY 25, 2000 The undersigned Shareholder of Horace Mann Educators Corporation (the "Company") hereby appoints Paul J. Kardos and Louis G. Lower II or any of them, with full power of substitution, proxies to vote at the Annual Meeting of Shareholders of the Company (the "Meeting"), to be held on May 25, 2000 at 9:00 a.m. at the Renaissance Springfield Hotel, 701 East Adams Street, Springfield, Illinois, and at any adjournment thereof and to vote all shares of Common Stock of the Company held or owned by the Undersigned as directed on the reverse side and in their discretion upon such other matters as may come before the Meeting. THE SHARES REPRESENTED BY THIS PROXY WILL BE VOTED FOR PROPOSALS 1 through 4 IF NO INSTRUCTION TO THE CONTRARY IS INDICATED OR IF NO INSTRUCTION IS GIVEN AND IN ACCORDANCE WITH THE DISCRETION OF THE PROXIES ON PROPOSAL 5. (TO BE SIGNED ON OTHER SIDE.) PLEASE DATE, SIGN AND MAIL YOUR PROXY CARD BACK AS SOON AS POSSIBLE! ANNUAL MEETING OF SHAREHOLDERS HORACE MANN EDUCATORS CORPORATION MAY 25, 2000 A /X/ PLEASE MARK YOUR VOTES AS IN THIS EXAMPLE. 1. Election of FOR WITHHELD NOMINEES: William W. Abbott Directors / / / / Emita B. Hill Donald E. Kiernan Louis G. Lower II Jeffrey L. Morby Shaun F. O'Malley Charles A. Parker Ralph S. Saul (1) William J. Schoen For, except vote withheld from the following nominee(s): _____________________ FOR AGAINST ABSTAIN 2. To approve an Amendment to the Company's Certificate of Incorporation provision which / / / / / / would permit Ralph S. Saul, currently serving as a member of the Board of Directors, to be eligible for re-election to the Board of Directors at the Annual Meeting for one additional year of service on the Board; 3. To approve an Amendment to the Company's 1991 Stock Incentive Plan which will make / / / / / / 2,000,000 additional shares of Common Stock available under the Plan; 4. To ratify the appointment of KPMG LLP, independent certified public accountants, / / / / / / as the Company's auditors for the year ending December 31, 2000; and 5. To consider and take action with respect to such other matters as may properly come / / / / / / before the Annual Meeting or any adjournment or adjournments thereof. PLEASE MARK, SIGN, DATE AND RETURN THIS PROXY IN THE ENCLOSED ENVELOPE PROVIDED TO AMERICAN STOCK TRANSFER & TRUST COMPANY, 40 WALL STREET, 46TH FLOOR, NEW YORK, N.Y. 10005. (1) If the Board Amendment is not approved by Shareholders, Mr. Saul will not be permitted to serve on the Board of Directors beyond the Annual Meeting. However, if approved, the Board Amendment provides that Mr. Saul will be eligible for re-election to the Board of Directors for the Annual Meeting for one additional year of service on the Board. Signature(s) _________________________________________ Date _________ , 2000 NOTE: Please sign exactly as your name appears hereon. Joint owners should each sign. When signing as attorney, executor, administrator, trustee or guardian, please give full title as such.