Capital Offerings Profile

Company Name Infinity Property and Casualty Corporation
Offering Type IPO
Description Common Stock
ISIN US45665Q1031
Currency of Issue USD
 
Announcement Date 10/9/2002
Trade Date 2/12/2003
Settlement Date 2/18/2003
Completion Date 2/12/2003
Overallotment Expiration 3/20/2003
Lock-up Expiration 8/11/2003
 
144a? No
Mandatory Redemption? No
Convertible? No
Exchange for Existing Issue? No

Pricing
Offer Price ($) 16.00
Gross Amount Offered ($000) 198,048
Amount Including Overallotment ($000) 200,000
Shares Offered 12,378,000
Total Shares Offered 12,500,000

Selling Securityholders
Amount Offered By Shareholders ($000) 198,048
Shares Offered By Shareholders 12,378,000

Overallotments
Shareholder Overallotment Amount Available ($000) 29,677
Shareholder Overallotment Shares Available 1,854,825
Shareholder Overallotment Amount Exercised ($000) 1,952
Shareholder Overallotment Shares Exercised 122,000

Underwriting Fees
Gross Spread ($) 0.98
Gross Spread (%) 6.13
Sales Concession ($) 0.58
Reallowance ($) 0.10

Underwriters Shares Underwritten Amount Underwritten($000)
Book Manager(s)
  Credit Suisse Securities (USA) LLC 4,026,543 64,425
  Merrill Lynch, Pierce, Fenner & Smith Incorporated 2,855,731 45,692
Co-Manager(s)
  Banc of America Securities LLC 1,665,843 26,653
  J.P. Morgan Securities LLC 1,665,843 26,653
  Dowling & Partners Securities, LLC 1,098,839 17,581
  KeyBanc Capital Markets Inc. 391,963 6,271
  Macquarie USA, LLC 279,974 4,480
  BNY Associates Incorporated 190,382 3,046
  LaSalle Financial Services, Inc. 190,382 3,046

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