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WellPoint Again Ranked as One of FORTUNE Magazine's 100 Fastest-Growing Companies

THOUSAND OAKS, Calif., Aug 23, 2004 (BUSINESS WIRE) -- WellPoint Health Networks Inc. (NYSE:WLP), the nation's second largest health insurer, has been named to FORTUNE magazine's 2004 list of the 100 Fastest-Growing Companies for the second consecutive year. WellPoint was ranked #85 for 2004. WellPoint is also ranked #93 on FORTUNE's 500 list of America's largest corporations.

"It is a special honor to be one of FORTUNE magazine's 100 largest companies and one of FORTUNE's 100 Fastest-Growing Companies," said WellPoint's chairman and chief executive officer Leonard D. Schaeffer. "WellPoint's operational and financial integrity is founded in rigorous business and management processes that help us build our membership by meeting our customers' needs while controlling costs." Earlier this year, FORTUNE magazine recognized WellPoint as America's Most Admired Health Care Company for the sixth consecutive year.

According to FORTUNE editors, the most important factor in selecting companies for this list is what employees themselves have to say about their workplaces. Some 46,526 randomly selected employees from 304 candidate companies completed opinion surveys. FORTUNE editors then evaluated each company on both the employee surveys and company questionnaires, with the employees' opinions counting for two-thirds of the total score.

WellPoint Health Networks Inc. serves the health care needs of 15.5 million medical members and 46.2 million specialty members nationwide through Blue Cross of California, Blue Cross Blue Shield of Georgia, Blue Cross 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 Blue Shield of Georgia, Blue Cross Blue Shield of Missouri and Blue Cross Blue Shield of Wisconsin are independent licensees of the Blue Cross and Blue Shield Association.

SOURCE: WellPoint Health Networks Inc.

WellPoint Health Networks Inc.
Michael Chee, 805-557-6791
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