Ron Aldridge to Lead Phoenix Investor Relations.

HARTFORD, Conn. -- The Phoenix Companies, Inc. (NYSE: PNX) today announced that Ronald Aldridge has joined the company as vice president, Investor Relations.

"We are very pleased to have Ron join us. His financial expertise and years of investor relations experience will be invaluable as

Mr. Aldridge, 53, most recently served as senior director of investor relations for Pfizer Inc. He spent 14 of his 20 years at Pfizer in investor relations, previously serving as a financial analyst and internal auditor. Mr. Aldridge earned a bachelor's degree in English from Yale University, a master's degree in English from the University of Michigan, and an M.B.A. in accounting from New York University.

He reports to Peter A. Hofmann, executive vice president and chief strategic officer, who has managed Phoenix's relationships with the investor and analyst communities since 2001.

With roots dating to 1851, The Phoenix Companies, Inc. helps individuals and institutions solve their often highly complex personal financial and business planning needs through its broad array of life insurance, annuities and investments. In 2006, Phoenix had annual revenues of $2.6 billion and total assets of $29.0 billion. For more information, visit www.phoenixwm.com.

Note to editors: For an electronic image of Mr. Aldridge, contact alice.ericson@phoenixwm.com.