LQ Acquisition, Inc.
c/o Life Quotes, Inc.
8205 S. Cass Avenue
Darien, Illinois 60561
Contact: At LQ Acquisition, Inc.
Robert S. Bland
Chief Executive Officer
(630) 515-0170, ext. 200
LQ Acquisition, Inc. Extends Tender Offer for Life Quotes, Inc.
Darien, IL, July 12, 2010 —LQ Acquisition, Inc., announced today that it has extended its tender offer to acquire all the
outstanding shares of Life Quotes, Inc. (NASDAQ: QUOT) not otherwise held by LQ Acquisition, Inc. or its affiliates. The
tender offer will now expire at 12:00 midnight New York City time on Thursday, August 12, 2010.
The tender offer remains conditioned upon, among other things (i) the non-waivable condition that there shall have been validly
tendered and not withdrawn before the tender offer expires shares that constitute at least a majority of the outstanding shares
of Life Quotes not owned by LQ Acquisition, Inc., William V. Thoms, Zions Bancorporation or their respective affiliates
immediately prior to the expiration of the tender offer, (ii) the condition that, together with the shares held by LQ Acquisition,
Inc., there shall have been validly tendered and not withdrawn before the tender offer expires shares that constitute at least 90%
of the outstanding shares of Life Quotes (this condition may be waived by LQ Acquisition, Inc.), and (iii) the execution of that
certain note dated June 3, 2010 whereby Life Quotes will loan $19,000,000 to LQ Acquisition, Inc. to pay for properly tendered
About LQ Acquisition, Inc.
LQ Acquisition, Inc. is a company wholly owned and controlled by Robert S. Bland, president and chief executive officer of Life
About Life Quotes, Inc.
Life Quotes, Inc. is an insurance agency and brokerage headquartered in Darien, Illinois. Life Quotes owns and operates a
comprehensive online consumer insurance information service, accessible at www.Lifequotes.com, which caters to the needs of
self-directed insurance shoppers. Since