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Allmerica Financial Corporation to Present at Sandler O'Neill & Partners, L.P. Conference

June 2, 2004

WORCESTER, Mass., June 2 /PRNewswire/ -- Mark C. McGivney, vice president, corporate treasurer and chief financial officer of property and casualty operations at Allmerica Financial Corporation (NYSE: AFC), will speak at the Sandler O'Neill & Partners, L.P. Financial Services Conference on Wednesday, June 9th at 8:00 a.m. EDT.

The presentation will be broadcast live through the Allmerica website at www.allmerica.com.

Those who would like to listen to the presentation should go to the website fifteen minutes prior to the start to register, download, and install any necessary audio software.

A replay of the event will be available for 30 days after the event, beginning June 11, 2004.

Certain statements made during this presentation may constitute forward- looking statements for purposes of the safe harbor provisions under The Private Securities Litigation and Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed in the Company's annual report and other documents on file with the Securities and Exchange Commission.

Allmerica is the holding company for a group of insurance companies headquartered in Worcester, Mass.

     Investors: Sujata Mutalik, (508) 855-3457
                E-mail: smutalik@allmerica.com

     Media:     Michael F. Buckley, (508) 855-3099
                E-mail: mibuckley@allmerica.com

SOURCE  Allmerica Financial Corporation
    -0-                             06/02/2004
    /CONTACT:  Investors, Sujata Mutalik, +1-508-855-3457,
smutalik@allmerica.com; or Media, Michael F. Buckley, +1-508-855-3099,
mibuckley@allmerica.com, both of Allmerica Financial Corporation /

CO:  Allmerica Financial Corporation
ST:  Massachusetts

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5168 06/02/200416:17 EDThttp://www.prnewswire.com