0000950137-06-005476 Sample Contracts

Re: Accelerated Share Repurchase
Amerus Group Co/Ia • May 5th, 2006 • Life insurance • New York

This letter (the “Letter Agreement”) sets forth the agreement we have reached with respect to a transaction between Citibank, N.A. (“Citibank”) and AmerUs Group Co. (the “Company”) in relation to shares of the Company’s common stock, par value $0.01 (the “Common Stock”).

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