Capital Offerings Profile

Company Name Infinity Property and Casualty Corporation
Offering Type Follow-On
Description Common Stock
ISIN US45665Q1031
Currency of Issue USD
 
Announcement Date 11/18/2003
Trade Date 12/11/2003
Settlement Date 12/17/2003
Completion Date 12/11/2003
Overallotment Expiration 1/16/2004
Lock-up Expiration 3/10/2004
Date Overallotment Exercised 1/7/2004
 
144a? No
Mandatory Redemption? No
Convertible? No
Exchange for Existing Issue? No

Use of Proceeds
The net proceeds of this offering will be used to pay down debt under term loan and for general corporate purposes.

Pricing
Offer Price ($) 30.50
Gross Amount Offered ($000) 239,439
Amount Including Overallotment ($000) 244,649
Shares Offered 7,850,465
Total Shares Offered 8,021,294

Selling Securityholders
Amount Offered By Shareholders ($000) 239,439
Shares Offered By Shareholders 7,850,465

Overallotments
Overallotment Amount Available ($000) 35,916
Overallotment Shares Available 1,177,569
Overallotment Amount Exercised ($000) 5,210
Overallotment Shares Exercised 170,829

Underwriting Fees
Gross Spread ($) 1.52
Gross Spread (%) 4.98
Sales Concession ($) 0.90
Reallowance ($) 0.10

Underwriters Shares Underwritten Amount Underwritten($000)
Book Manager(s)
  Credit Suisse Securities (USA) LLC 1,903,738 58,064
  Merrill Lynch, Pierce, Fenner & Smith Incorporated 1,903,738 58,064
  UBS Securities LLC 1,903,738 58,064
Co-Manager(s)
  Banc of America Securities LLC 490,654 14,965
  J.P. Morgan Securities LLC 490,654 14,965
  Dowling & Partners Securities, LLC 333,644 10,176
  Morgan Keegan & Company, LLC 333,644 10,176
  Five Arrows Capital Markets LLC 98,131 2,993
  J.P. Morgan Securities, Inc. 98,131 2,993
  KeyBanc Capital Markets Inc. 98,131 2,993
  Piper Sandler & Co. 98,131 2,993
  PNC Capital Markets LLC 98,131 2,993

Professionals
Issuer's Counsel Keating Muething & Klekamp PLL
Underwriter's Counsel Dewey Ballantine LLP
Auditor(s) Ernst & Young LLP
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