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I N V E S T O R I N F O R M AT I O N


     MARKET PRICE OF COMMON STOCK                                   INVESTOR RELATIONS
     The following table shows the range of high and                You can contact UnitedHealth Group Investor
     low sales prices for the companyโ€™s stock as reported           Relations to order, without charge, ๏ฌnancial docu-
     on the New York Stock Exchange for the calendar                ments such as the annual report and Form 10-K.
     periods shown through February 15, 2005.                       You can write to us at:
     These prices do not include commissions or fees                    Investor Relations, MN008-T930
     associated with purchasing or selling this security.               UnitedHealth Group
                                                                        P.O. Box 1459
                                                High        Low
                                                                        Minneapolis, Minnesota 55440-1459
     2005
     First Quarter
                                           $ 91.80      $ 85.25     ANNUAL MEETING
        through February 15, 2005
                                                                    We invite UnitedHealth Group shareholders
     2004                                                           to attend our annual meeting, which will be
                                           $            $
     First Quarter                             64.50        55.45   held on Tuesday, May 3, 2005, at 10 a.m. CDT, at
                                           $            $
     Second Quarter                            68.50        58.61
                                                                    UnitedHealth Group Center, 9900 Bren Road East,
                                           $            $
     Third Quarter                             74.75        59.34
                                                                    Minnetonka, Minnesota.
                                           $            $
     Fourth Quarter                            88.76        64.61

                                                                    DIVIDEND POLICY
     2003
                                           $            $
     First Quarter                             46.35        39.20   UnitedHealth Groupโ€™s board of directors
                                           $            $
     Second Quarter                            52.67        44.10   established the companyโ€™s dividend policy in
                                           $            $
     Third Quarter                             56.25        47.25   August 1990. The policy requires the board
                                           $            $
     Fourth Quarter                            58.67        47.58
                                                                    to review the companyโ€™s ๏ฌnancial statements
     As of February 15, 2005, the company had 14,227 shareholders
                                                                    following the end of each ๏ฌscal year and decide
     of record.
                                                                    whether it is advisable to declare a dividend on
                                                                    the outstanding shares of common stock.
     ACCOUNT QUESTIONS
                                                                        Shareholders of record on April 1, 2004,
     Our transfer agent, Wells Fargo, can help you with
                                                                    received an annual dividend for 2004 of $0.03 per
     a variety of shareholder-related services, including:
                                                                    share. On February 1, 2005, the board approved
         Change of address
                                                                    an annual dividend for 2005 of $0.03 per share.
         Lost stock certi๏ฌcates
                                                                    The dividend will be paid on April 18, 2005, to
         Transfer of stock to another person
                                                                    shareholders of record at the close of business
         Additional administrative services
                                                                    on April 1, 2005.
     You can call our transfer agent toll free at:
        (800) 468-9716 or locally at (651) 450-4064.
                                                                    NEW YORK STOCK EXCHANGE โ€” STOCK LISTING
                                                                    AND CORPORATE GOVERNANCE
     You can write them at:
                                                                    The company's common stock is traded on the
        Wells Fargo Shareowner Services
                                                                    New York Stock Exchange (NYSE) under the
        P.O. Box 64854
                                                                    symbol UNH. Pursuant to Section 303A.12(a)
        Saint Paul, Minnesota 55164-0854
                                                                    of the NYSE listed company manual, the company
     Or you can e-mail our transfer agent at:                       submitted an unquali๏ฌed certi๏ฌcation of its
         stocktransfer@wellsfargo.com                               Chief Executive Of๏ฌcer to the NYSE in 2004.
                                                                    The company has also ๏ฌled as exhibits to its
     INFORMATION ONLINE                                             Annual Report on Form 10-K for the year ended
     You can view our annual report and obtain                      December 31, 2004, the Chief Executive Of๏ฌcer
     more information about UnitedHealth Group                      and Chief Financial Of๏ฌcer certi๏ฌcations required
     and its businesses via the Internet at:                        under the Sarbanes-Oxley Act.
        www.unitedhealthgroup.com




68   U N I T E D H E A LT H G R O U P

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United Health Group nvestor Information

  • 1. I N V E S T O R I N F O R M AT I O N MARKET PRICE OF COMMON STOCK INVESTOR RELATIONS The following table shows the range of high and You can contact UnitedHealth Group Investor low sales prices for the companyโ€™s stock as reported Relations to order, without charge, ๏ฌnancial docu- on the New York Stock Exchange for the calendar ments such as the annual report and Form 10-K. periods shown through February 15, 2005. You can write to us at: These prices do not include commissions or fees Investor Relations, MN008-T930 associated with purchasing or selling this security. UnitedHealth Group P.O. Box 1459 High Low Minneapolis, Minnesota 55440-1459 2005 First Quarter $ 91.80 $ 85.25 ANNUAL MEETING through February 15, 2005 We invite UnitedHealth Group shareholders 2004 to attend our annual meeting, which will be $ $ First Quarter 64.50 55.45 held on Tuesday, May 3, 2005, at 10 a.m. CDT, at $ $ Second Quarter 68.50 58.61 UnitedHealth Group Center, 9900 Bren Road East, $ $ Third Quarter 74.75 59.34 Minnetonka, Minnesota. $ $ Fourth Quarter 88.76 64.61 DIVIDEND POLICY 2003 $ $ First Quarter 46.35 39.20 UnitedHealth Groupโ€™s board of directors $ $ Second Quarter 52.67 44.10 established the companyโ€™s dividend policy in $ $ Third Quarter 56.25 47.25 August 1990. The policy requires the board $ $ Fourth Quarter 58.67 47.58 to review the companyโ€™s ๏ฌnancial statements As of February 15, 2005, the company had 14,227 shareholders following the end of each ๏ฌscal year and decide of record. whether it is advisable to declare a dividend on the outstanding shares of common stock. ACCOUNT QUESTIONS Shareholders of record on April 1, 2004, Our transfer agent, Wells Fargo, can help you with received an annual dividend for 2004 of $0.03 per a variety of shareholder-related services, including: share. On February 1, 2005, the board approved Change of address an annual dividend for 2005 of $0.03 per share. Lost stock certi๏ฌcates The dividend will be paid on April 18, 2005, to Transfer of stock to another person shareholders of record at the close of business Additional administrative services on April 1, 2005. You can call our transfer agent toll free at: (800) 468-9716 or locally at (651) 450-4064. NEW YORK STOCK EXCHANGE โ€” STOCK LISTING AND CORPORATE GOVERNANCE You can write them at: The company's common stock is traded on the Wells Fargo Shareowner Services New York Stock Exchange (NYSE) under the P.O. Box 64854 symbol UNH. Pursuant to Section 303A.12(a) Saint Paul, Minnesota 55164-0854 of the NYSE listed company manual, the company Or you can e-mail our transfer agent at: submitted an unquali๏ฌed certi๏ฌcation of its stocktransfer@wellsfargo.com Chief Executive Of๏ฌcer to the NYSE in 2004. The company has also ๏ฌled as exhibits to its INFORMATION ONLINE Annual Report on Form 10-K for the year ended You can view our annual report and obtain December 31, 2004, the Chief Executive Of๏ฌcer more information about UnitedHealth Group and Chief Financial Of๏ฌcer certi๏ฌcations required and its businesses via the Internet at: under the Sarbanes-Oxley Act. www.unitedhealthgroup.com 68 U N I T E D H E A LT H G R O U P