Capital Offerings Profile

Company Name Kemper Corporation
Offering Type Senior Debt
Description 4.875% Senior unsecured notes, due 11/01/10
ISIN US913275AB90
Currency of Issue USD
Trading Symbol (Exchange) UTR.GB (OTCBB)
 
Announcement Date 10/27/2003
Trade Date 10/27/2003
Settlement Date 10/30/2003
Completion Date 10/27/2003
Shelf Filing Date 5/9/2002
 
144a? No
Mandatory Redemption? Yes
Convertible? No
Exchange for Existing Issue? No

Use of Proceeds
The company intends to use the net proceeds from the offering to repay outstanding borrowings under their credit facility and for general corporate purposes.

Pricing
Offer Price ($) 99.73
Yield to Maturity (%) 4.921
Treasury Spread (%) 1.171
Gross Amount Offered ($000) 200,000
Amount Including Overallotment ($000) 200,000
Minimum Denominations/Increments 1,000/1,000
Original Shelf Value ($000) 500,000

Current Security Ratings Current Issuer Ratings
Fitch Ratings BB+

Underwriting Fees
Gross Spread ($) 6.25
Gross Spread (%) 0.63
Sales Concession ($) 3.75
Reallowance ($) 2.50

Underwriters Shares Underwritten Amount Underwritten($000)
Book Manager(s)
  Banc One Capital Markets, Inc. - 82,000
Non-book Lead Manager(s)
  Wells Fargo Securities, LLC - 52,000
Co-Manager(s)
  BNY Associates Incorporated - 11,000
  Cochran Caronia Waller Securities LLC - 11,000
  Fifth Third Securities Inc. - 11,000
  Goldman Sachs & Co. LLC - 11,000
  Piper Sandler & Co. - 11,000
  Wells Fargo Brokerage Services, L.L.C. - 11,000

Professionals
Issuer's Counsel Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates
Underwriter's Counsel Davis Polk & Wardwell, LLP
Auditor(s) Deloitte & Touche, LLP
Clearing House(s) Depository Trust Company

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