Genworth Financial to Acquire CareScout ®


Genworth Financial to Acquire CareScout ®









6620 West Broad Street
Richmond, Virginia 23230

Genworth Financial to Acquire CareScout
®

Expands Financial Security Companys Service Offerings to Senior Market

RICHMOND, Va., May 29, 2008 Genworth Financial, Inc. (NYSE:GNW) announced today that
it has entered into an agreement to acquire CareScout, a leading provider of long term care
support services in the United States, for $12.5 million.

This acquisition strengthens Genworths commitment to the senior market and supports our
vision of delivering financial security to consumers, said Buck Stinson, president of Genworth
Financials Long Term Care Insurance business. This acquisition continues our efforts to
extend our service offering beyond traditional insurance solutions. In addition, integrating this
long-time supplier into its Long Term Care business allows Genworth to leverage the
competencies and efficiencies of both organizations to realize cost savings
.

CareScout is a privately held firm headquartered in Wellesley, Mass., and a Genworth vendor
for the past 10 years. The company is dedicated to helping Americans make informed,
intelligent eldercare decisions. CareScout has connected thousands of families to appropriate
providers through their extensive data on nursing homes, assisted living facilities and home
care agencies. In addition to their proprietary facility rating system, CareScout delivers decision-
making tools and care coordination services including in-home assessments, plan of care
development and ongoing care coordination to ensure consumers receive appropriate care and
services as their needs change.

Our vision has always been to deliver our care support services to the millions of Americans
who face the need to plan for, and find, long term care, said Robert N. Bua, president and
founder of CareScout. For the past 10 years, CareScout has experienced great growth. Now by
joining with Genworth, a leader and innovator in long term care, we will have the opportunity to
significantly expand our reach to the broader marketplace and help solve the long term care
issues we face in the U.S.

The transaction is expected to close in June.


About Genworth Financial
Genworth Financial, Inc. (NYSE:GNW) is a leading public Fortune 500 global financial security
company. Genworth has $114 billion in assets and employs approximately 7,000 people in 25
countries. Its products and services help meet the investment, protection, retirement and
lifestyle needs of over 15 million customers. Genworth operates through three segments:
Retirement and Protection, International and U.S. Mortgage Insurance. Its products and
services are offered through financial intermediaries, advisors, independent distributors and
sales specialists. Genworth Financial, which traces its roots back to 1871, became a public
company in 2004 and is headquartered in Richmond, Virginia. For more information, visit
genworth.com.
Cautionary Note Regarding Forward-Looking Statements

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This press release contains forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by
words such as expects, anticipates, intends, plans, believes, seeks, estimates, will,
or words of similar meaning and include, but are not limited to, statements regarding the outlook
for the companys future business and financial performance. Forward-looking statements are
based on managements current expectations and assumptions, which are subject to inherent
uncertainties, risks and changes in circumstances that are difficult to predict. Actual outcomes
and results may differ materially due to global political, economic, business, competitive,
market, regulatory and other factors. The company undertakes no obligation to publicly update
any forward-looking statement, whether as a result of new information, future developments or
otherwise.

Contact Information:
Media:
Yokima Cureton, 804 662.2598


yokima.cureton@genworth.com