Phoenix Promotes Moskey to Vice President and Treasurer.

HARTFORD, Conn. -- The Phoenix Companies, Inc. (NYSE:PNX) today announced the promotion of Daniel J. Moskey, CFA, to vice president and treasurer, effective September 6. He will report to Michael E. Haylon, executive vice president and chief financial officer.

In this position, Mr. Moskey

"We take great pride that Phoenix has a depth of talent inside the company to draw on for key positions such as this. Dan is a superb choice and most deserving of this promotion," said Dona D. Young, chairman, president and chief executive officer.

Mr. Haylon said, "Dan is particularly well suited for the treasury role given his deep understanding of capital markets, his extensive background in investments and his knowledge of Phoenix. He thinks strategically and is also a great team player."

Most recently Mr. Moskey, 42, was second vice president, Investments. He has been with Phoenix for 15 years, including in product development and management and as managing director of credit research in Investments. Prior to Phoenix, he worked in operations and marketing for Advest, Inc. Mr. Moskey received an undergraduate degree in music production and engineering from the Berklee College of Music in Boston, and holds an MBA from the University of Connecticut. He is also a Chartered Financial Analyst.

The Phoenix Companies, Inc. is a leading manufacturer of life insurance, annuity and asset management products for the accumulation, preservation and transfer of wealth. Through a variety of advisors and financial services firms, the company provides products and services to affluent and high-net-worth individuals and to institutions. Phoenix has corporate offices in Hartford, Connecticut. For more information on Phoenix, visit www.PhoenixWealthManagement.com.