The Standard Opens New Retirement Plans Office in Charlotte

PORTLAND, Ore., Feb. 15 /PRNewswire/ -- The Standard is pleased to announce the opening of a new Retirement Plans office in Charlotte, North Carolina.

The new sales office will serve retirement plan sponsors and brokers throughout North and South Carolina. Tony Leonard will serve as pension consultant in the Charlotte office.

Leonard has more than 20 years experience in the financial services industry. Prior to joining The Standard, he worked as a regional vice president for MFS Retirement Services in Charlotte, as well as a regional director for New York Life Investment Management in Orlando, Florida.

"Tony's industry experience and knowledge will be a valuable asset to brokers, financial advisors, and clients throughout North Carolina. We are excited about our opportunities in this part of the country, and we are pleased to have Tony lead our efforts," said Kent Buckles, vice president of Sales, Marketing and Advisory Services.

Leonard earned his bachelors degree in economics from University of Notre Dame, where he was a member of the varsity football team. He holds the Accredited Investment Fiduciary designation (AIF) from the Center for Fiduciary Studies. He will report to John Ryberg, regional pension manager for the Atlanta sales region, which includes Georgia, North and South Carolina, Eastern Tennessee, and Alabama.

The Standard has provided retirement plan services for more than 70 years. Products are available on a full service or recordkeeping-only basis. The Standard promotes a participant-centric approach with services such as AdvicePath, its highly successful managed account option for plan participants. For more information on The Standard's retirement services, visit retirement.standard.com.

About The Standard

StanCorp Financial Group, Inc. ("StanCorp") through its subsidiaries marketed as The Standard -- Standard Insurance Company, The Standard Life Insurance Company of New York, StanCorp Investment Advisers, Standard Retirement Services, StanCorp Equities, StanCorp Trust Company and StanCorp Mortgage Investors -- is a leading provider of financial products and services. The Standard serves approximately 8.1 million customers nationwide as of December 31, 2006 with group and individual disability insurance, group life and dental insurance, retirement products and services and investment advice. For more information about The Standard visit http://www.standard.com/.

Disclosure

Information in this news release includes certain statements related to projected growth and future events. These statements are "forward-looking" statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Because such statements are subject to risks and uncertainties, actual results in future periods may differ materially from those expressed or implied by such forward-looking statements. Past performance is no guarantee of future results. See StanCorp's 2005 annual report on Form 10-K and most recent Form 10-Q filed with the Securities and Exchange Commission for a description of the types of uncertainties and risks that may affect actual results.