Press Release

WellChoice, Inc. Announces Appearance at Upcoming UBS Global Healthcare Services Conference

NEW YORK--(BUSINESS WIRE)--Jan. 27, 2004--WellChoice, Inc. (NYSE: WC) today announced that Michael A. Stocker, MD, President and Chief Executive Officer, is scheduled to appear at the UBS Global Healthcare Services Conference on Wednesday, February 4, 2004.

WellChoice's presentation is scheduled to begin at approximately 10:00AM (EST). Investors, analysts and the general public are invited to listen to this presentation over the Internet and access the presentation slides via Visitors should click on the "Upcoming Events" page in the "Investors" section to access the link to the UBS Global Healthcare Services Conference webcast.

To listen to the presentation live on the Internet, visitors should arrive on the site at least 20 minutes prior to the presentation in order to download and install any necessary audio software. A replay of the webcast will be available for seven days following the presentation in the "Recent Events" section of the site.

The presentation will reflect management's views as of February 4, 2004. Anyone listening to the WellChoice management presentation will be presumed to have read its Annual Report on Form 10-K for the year ended December 31, 2002, and its Quarterly Reports on Form 10-Q for the three months ended March 31, 2003, June 30, 2003 and September 30, 2003. Information reconciling certain financial and other measures that may be disclosed in the presentation relevant to GAAP measures will also be available on the WellChoice website.

WellChoice, Inc. is the parent company of the largest health insurer in the State of New York, based on PPO and HMO membership. WellChoice, through its Empire Blue Cross Blue Shield subsidiaries, has the exclusive right to use the Blue Cross and Blue Shield names and marks in 10 downstate New York counties and one or both of these names and marks in selected counties in upstate New York. WellChoice offers a broad portfolio of products, including managed care and traditional indemnity products, and has a varied customer base including large group, middle-market and small group, individual, and national accounts. Additional information on WellChoice can be found at

CONTACT: WellChoice, Inc.
Deborah Loeb Bohren, 212-476-3552
Lisa Greiner, 212-476-7011

SOURCE: WellChoice, Inc.

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