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The furnished information sets forth The Allstate Corporationโ€™s most significant investment holdings
and certain other financial relationships with the following companies, where applicable:


    โ€ข   American International Group

    โ€ข   Bank of America Corporation

    โ€ข   Fannie Mae

    โ€ข   Freddie Mac

    โ€ข   Goldman Sachs Group, Inc

    โ€ข   JPMorgan Chase & Co

    โ€ข   Lehman Brothers Holdings

    โ€ข   Merrill Lynch & Co

    โ€ข   Morgan Stanley

    โ€ข   Wachovia Corporation
The table below presents our investment holdings in the following financial institutions including their
    subsidiaries.
                                                                                                                          June 30, 2008 (1)
                                                                   September 30, 2008
                                                                      Amortized        Par                                   Amortized          Par
($ in millions)                                     Fair Value         Cost/Cost      Value                Fair Value         Cost/Cost         Value


American International Group
  Fixed income securities                                  $ 43            $ 54          $ 100                 $ 115               $ 117        $ 132
  Short-term securities                                       -               -                                  125                 125
  Equity securities                                           -               -                                   12                  11
   Total                                                   $ 43            $ 54                                $ 252               $ 253

Bank of America Corporation (2)
   Fixed income securities                                $ 217            $ 242         $ 245                 $ 209               $ 216        $ 214
   Equity securities                                         45               57                                  88                  90
    Total                                                 $ 262            $ 299                               $ 297               $ 306

Fannie Mae (4)
   Fixed income securities                                 $ 347           $ 323         $ 320                 $ 345               $ 323        $ 320
   Equity securities                                           -               -                                  77                  85
     Total                                                 $ 347           $ 323                               $ 422               $ 408

Freddie Mac (4)
   Fixed income securities                                  $ 97            $ 94         $ 124                 $  96               $  95        $ 94
   Equity securities                                           -               -                                  51                  57
      Total                                                 $ 97            $ 94                               $ 147               $ 152
      Mortgage loans                                         n/a           $ 30          $   30                   n/a              $ 30         $ 30

Goldman Sachs Group, Inc
   Fixed income securities                                $ 117            $ 126         $ 179                 $ 204               $ 205        $ 244
   Equity securities                                         16               20                                  34                  37
    Total                                                 $ 133            $ 146                               $ 238               $ 242

JPMorgan Chase & Co (3)
   Fixed income securities                                $ 223            $ 237         $ 351                 $ 251               $ 253        $ 244
   Short-term securities                                       -               -                                 100                 100
   Equity securities                                         45               38                                  27                  30
    Total                                                 $ 268            $ 275                               $ 378               $ 383
      Mortgage loans                                         n/a           $ 40          $ 40                     n/a              $ 40         $ 40

Lehman Brothers Holdings
   Fixed income securities                                 $ 13            $ 13          $ 110                 $ 185               $ 188        $ 205

Merrill Lynch & Co
  Fixed income securities                                 $ 181            $ 198         $ 197                 $ 304               $ 312        $ 315
  Equity securities                                           3                8                                  11                  14
     Total                                                $ 184            $ 206                               $ 315               $ 326

Morgan Stanley
  Fixed income securities                                  $ 85            $ 123         $ 127                 $ 150               $ 152        $ 151
  Equity securities                                           -                -                                   8                   8
    Total                                                  $ 85            $ 123                               $ 158               $ 160

Wachovia Corporation
  Fixed income securities                                  $ 159           $ 208         $ 233                 $ 214               $ 226        $ 238
  Equity securities                                            2               2                                   5                   5
    Total                                                  $ 161           $ 210                               $ 219               $ 231



         (1)      These holdings are consistent with our publicly available statutory financial reports filed with state insurance regulators
                  and available on our web site.
         (2)      Countrywide Financial Corporation was acquired by Bank of America Corporation and has been included in the table
                  above prospectively at September 30, 2008.
         (3)      Bear Stearns Companies and Washington Mutual Inc were acquired by JPMorgan Chase & Co and have been included in
                  the table above prospectively at September 30, 2008.
         (4)      Prior period amounts have been revised from our second quarter Form 10-Q disclosures.
The following table summarizes the notional exposure of our credit default swaps with the following
financial institutions and their subsidiaries.

                                                         (Buy) Sell Protection

($ in millions)                                September 30, 2008         June 30, 2008

American International Group                                    $6                    $ 17
Bank of America Corporation                                     (50)                     -
Fannie Mae                                                       (6)                      -
Freddie Mac                                                      (6)                      -
Goldman Sachs Group, Inc                                        (60)                   (10)
JPMorgan Chase & Co                                              (3)                    (3)
Merrill Lynch & Co                                                 -                      3
Morgan Stanley                                                  (25)                    (3)



The following table summarizes our counterparty exposure under our master netting agreements with the
following financial institutions including their subsidiaries as of September 30, 2008. The amounts reflect
multiple master netting agreements with various Allstate entities.

                                                Net Receivables,
($ in millions)                                 net of collateral        Net Payables

American International Group                                 $ 19                   $-
Bank of America Corporation                                     1                  (28)
Goldman Sachs Group, Inc                                       20                  (22)
JPMorgan Chase & Co                                            22                  (46)
Merrill Lynch & Co                                             18                     -
Morgan Stanley                                                  8                   (2)

The following companies participate in our $1.0 billion primary credit facility at September 30, 2008 as
follows.

($ in millions)                                     Participation

Bank of America N.A.                                         $ 95
Goldman Sachs Group, Inc                                       80
JPMorgan Chase Bank N.A.                                      145
Lehman Brothers Bank, FSB (1)                                  80
Merrill Lynch Bank USA                                         60
Morgan Stanley Bank                                            80
Wachovia Bank, National Association                           145
(1)
   Barclays Capital has agreed to assume the Lehman Brothers Bank, FSB commitment in the credit
facility.

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allstate Quarter Information 2008 3rd

  • 1. The furnished information sets forth The Allstate Corporationโ€™s most significant investment holdings and certain other financial relationships with the following companies, where applicable: โ€ข American International Group โ€ข Bank of America Corporation โ€ข Fannie Mae โ€ข Freddie Mac โ€ข Goldman Sachs Group, Inc โ€ข JPMorgan Chase & Co โ€ข Lehman Brothers Holdings โ€ข Merrill Lynch & Co โ€ข Morgan Stanley โ€ข Wachovia Corporation
  • 2. The table below presents our investment holdings in the following financial institutions including their subsidiaries. June 30, 2008 (1) September 30, 2008 Amortized Par Amortized Par ($ in millions) Fair Value Cost/Cost Value Fair Value Cost/Cost Value American International Group Fixed income securities $ 43 $ 54 $ 100 $ 115 $ 117 $ 132 Short-term securities - - 125 125 Equity securities - - 12 11 Total $ 43 $ 54 $ 252 $ 253 Bank of America Corporation (2) Fixed income securities $ 217 $ 242 $ 245 $ 209 $ 216 $ 214 Equity securities 45 57 88 90 Total $ 262 $ 299 $ 297 $ 306 Fannie Mae (4) Fixed income securities $ 347 $ 323 $ 320 $ 345 $ 323 $ 320 Equity securities - - 77 85 Total $ 347 $ 323 $ 422 $ 408 Freddie Mac (4) Fixed income securities $ 97 $ 94 $ 124 $ 96 $ 95 $ 94 Equity securities - - 51 57 Total $ 97 $ 94 $ 147 $ 152 Mortgage loans n/a $ 30 $ 30 n/a $ 30 $ 30 Goldman Sachs Group, Inc Fixed income securities $ 117 $ 126 $ 179 $ 204 $ 205 $ 244 Equity securities 16 20 34 37 Total $ 133 $ 146 $ 238 $ 242 JPMorgan Chase & Co (3) Fixed income securities $ 223 $ 237 $ 351 $ 251 $ 253 $ 244 Short-term securities - - 100 100 Equity securities 45 38 27 30 Total $ 268 $ 275 $ 378 $ 383 Mortgage loans n/a $ 40 $ 40 n/a $ 40 $ 40 Lehman Brothers Holdings Fixed income securities $ 13 $ 13 $ 110 $ 185 $ 188 $ 205 Merrill Lynch & Co Fixed income securities $ 181 $ 198 $ 197 $ 304 $ 312 $ 315 Equity securities 3 8 11 14 Total $ 184 $ 206 $ 315 $ 326 Morgan Stanley Fixed income securities $ 85 $ 123 $ 127 $ 150 $ 152 $ 151 Equity securities - - 8 8 Total $ 85 $ 123 $ 158 $ 160 Wachovia Corporation Fixed income securities $ 159 $ 208 $ 233 $ 214 $ 226 $ 238 Equity securities 2 2 5 5 Total $ 161 $ 210 $ 219 $ 231 (1) These holdings are consistent with our publicly available statutory financial reports filed with state insurance regulators and available on our web site. (2) Countrywide Financial Corporation was acquired by Bank of America Corporation and has been included in the table above prospectively at September 30, 2008. (3) Bear Stearns Companies and Washington Mutual Inc were acquired by JPMorgan Chase & Co and have been included in the table above prospectively at September 30, 2008. (4) Prior period amounts have been revised from our second quarter Form 10-Q disclosures.
  • 3. The following table summarizes the notional exposure of our credit default swaps with the following financial institutions and their subsidiaries. (Buy) Sell Protection ($ in millions) September 30, 2008 June 30, 2008 American International Group $6 $ 17 Bank of America Corporation (50) - Fannie Mae (6) - Freddie Mac (6) - Goldman Sachs Group, Inc (60) (10) JPMorgan Chase & Co (3) (3) Merrill Lynch & Co - 3 Morgan Stanley (25) (3) The following table summarizes our counterparty exposure under our master netting agreements with the following financial institutions including their subsidiaries as of September 30, 2008. The amounts reflect multiple master netting agreements with various Allstate entities. Net Receivables, ($ in millions) net of collateral Net Payables American International Group $ 19 $- Bank of America Corporation 1 (28) Goldman Sachs Group, Inc 20 (22) JPMorgan Chase & Co 22 (46) Merrill Lynch & Co 18 - Morgan Stanley 8 (2) The following companies participate in our $1.0 billion primary credit facility at September 30, 2008 as follows. ($ in millions) Participation Bank of America N.A. $ 95 Goldman Sachs Group, Inc 80 JPMorgan Chase Bank N.A. 145 Lehman Brothers Bank, FSB (1) 80 Merrill Lynch Bank USA 60 Morgan Stanley Bank 80 Wachovia Bank, National Association 145 (1) Barclays Capital has agreed to assume the Lehman Brothers Bank, FSB commitment in the credit facility.