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Media Contact:

Colin Johnson
Symetra Financial
(425) 256-5049
colin.johnson@symetra.com

Investor Relations Contact:

Jim Pirak
Symetra Financial
(425) 256-8284
jim.pirak@symetra.com


Symetra Financial Postpones Initial Public Offering

Bellevue, Wash. — (Nov. 9, 2007) — Symetra Financial Corporation announced today that it has decided to postpone its initial public offering (IPO) due to market conditions. The company believes that current conditions are not favorable to maximizing shareholder value and will continue to monitor the financial markets going forward. Symetra’s S-1 registration statement for a proposed IPO remains on file with the Securities and Exchange Commission and has not been withdrawn.

The registration statement relating to these securities has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Symetra Financial
Symetra Financial Corporation provides retirement plans, employee benefits, life insurance and annuities through a national network of independent advisors and agents. Headquartered in Bellevue, Wash., Symetra has nearly $20 billion in assets1. For more information, visit www.symetra.com.

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1 Source: Total GAAP assets per financial statements as of September 30, 2007.

Symetra® and the Symetra Financial logo are registered service marks of Symetra Life Insurance Company, 777 108th Avenue NE, Suite 1200, Bellevue, WA 98004.