Delphi Financial (DFG) Prices 3M Shares at $21

Delphi Financial Group, Inc. (NYSE: DFG) announced today that it has priced its previously announced public offering of 3,000,000 shares of its Class A common stock at $21.00 per share to the public. Delphi has granted the underwriter a 30-day option to purchase up to 450,000 additional shares of Class A common stock from Delphi if the underwriter sells more than 3,000,000 shares of Delphi’s Class A common stock in the offering. The offering is expected to settle and close on August 21, 2009, subject to customary closing conditions. Net proceeds from the offering are expected to be used for general corporate purposes.

Barclays Capital Inc. is the sole book-running manager of the offering.