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Phoenix Investor Day Meeting to be Webcast.

Business Editors

HARTFORD, Conn.--(BUSINESS WIRE)--May 31, 2002

The Phoenix Companies, Inc. (NYSE: PNX) will present a webcast of its Investor Day meeting on June 6, 2002, from 8:30 a.m. to 3:30 p.m., ET.

The meeting will be hosted by Robert W. Fiondella, chairman and chief

executive officer, and Dona D. Young, president and chief operating officer, and will include presentations by Phoenix's senior management on the company's business and strategy.

The meeting will be broadcast live over the Internet at www.phoenixwm.com in the Investor Relations section. To listen to the presentation live, please go to the Web site at least fifteen minutes prior to register, download and install any necessary audio software. A replay of the presentation will be available on Phoenix's Web site in the Investor Relations section beginning on June 7, 2002.

The Phoenix Companies, Inc. (NYSE: PNX) is a leading provider of wealth management products and services to individuals and institutions. Through a variety of advisors and financial services firms, Phoenix helps the affluent and high net worth accumulate, preserve and transfer their wealth with an innovative portfolio of life insurance, annuity and investment management products and services. With a history dating to 1851, The Phoenix Companies, Inc. has two principal operating subsidiaries, Phoenix Life Insurance Company and Phoenix Investment Partners, Ltd., and offers trust services through another subsidiary, Phoenix National Trust Company. Phoenix has corporate offices in Hartford, Conn. For more information on Phoenix, visit www.phoenixwm.com.

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