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WellPoint Announces Fourth Quarter 2003 Earnings Conference Call and Web Cast

THOUSAND OAKS, Calif., Jan 8, 2004 (BUSINESS WIRE) -- WellPoint Health Networks Inc. (NYSE:WLP) will be hosting a conference call and web cast on Thursday, January 29, 2004, at approximately 11:00 a.m. Eastern time to discuss fourth quarter 2003 financial results. Earnings will be announced after the market closes on Wednesday, January 28, 2004.

To access the conference call, dial 888-285-8004 and reference "WellPoint's Earnings Call" approximately 10 minutes prior to the start of the call. International participants can access the call by dialing 706-643-1656 and reference "WellPoint's Earnings Call." A replay of the call will be available after 1:30 p.m. Eastern time on January 29, 2004, until the end of the day on February 5, 2004. To access the replay, dial 800-642-1687 (International: 706-645-9291), and enter pass code 4816338. Information required to be presented with respect to non-GAAP financial measures as defined in the SEC rules will be available at least 10 minutes prior to the start of the call on the Company's website by clicking first on "Investor Info" and then on "Supplementary Financial Info."

Investors, analysts and the general public may also listen to the conference call free over the Internet by visiting WellPoint's website at www.wellpoint.com and clicking first on "Investor Info" and then on "Upcoming Events." To listen to the live webcast, please visit the WellPoint website at least 20 minutes early (to download and install any necessary audio software). Individuals who listen to the call will be presumed to have read WellPoint's Annual Report on Form 10-K for the year ended December 31, 2002 and Quarterly Report on Form 10-Q for the quarters ended March 31, 2003, June 30, 2003, and September 30, 2003, including the discussion under the caption "Factors That May Affect Future Results of Operations."

WellPoint serves the health care needs of more than 14 million medical members and more than 44 million specialty members nationwide through Blue Cross of California, Blue Cross and Blue Shield of Georgia, Blue Cross and Blue Shield of Missouri, Blue Cross Blue Shield of Wisconsin, HealthLink and UNICARE. Visit WellPoint on the Web at www.wellpoint.com. Blue Cross of California, Blue Cross and Blue Shield of Georgia, Blue Cross and Blue Shield of Missouri and Blue Cross Blue Shield of Wisconsin are independent licensees of the Blue Cross and Blue Shield Association.

Cautionary Statement: Certain statements contained in this release are forward-looking statements. Actual results could differ materially due to, among other things, operational and other difficulties associated with integrating acquired business, nonacceptance of managed care coverage, business condition and competition among managed care companies, rising health care costs, trends in medical loss ratios, health care reform, delays in receipt of regulatory approvals for pending transactions and other regulatory issues. Additional risk factors are listed from time to time in the Company's various SEC reports, including but not limited to, the Company's Annual Report on Form 10-K for the year ended December 31, 2002.

SOURCE: WellPoint Health Networks Inc.

WellPoint Health Networks Inc.
Angie McCabe, 805-557-6796
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