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National Western Life Group, Inc. News Releases

Austin, Texas, April 9, 2018

Ross R. Moody, Chairman of the Board, President, and Chief Executive Officer of National Western Life Group, Inc. (Nasdaq: NWLI), announced today first quarter 2018 consolidated net earnings of $26.9 million, or $7.60 per diluted Class A common share, compared with consolidated net earnings of $23.5 million, or $6.65 per diluted Class A common share, for the first quarter of 2017. The Company's book value per share as of March 31, 2018 was $502.79.

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