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EVEREN Capital Corporation Board Declares Dividend on Common Stock; Sets Record Date

    CHICAGO, Feb. 5 /PRNewswire/ -- EVEREN Capital Corporation (NYSE: EVR)
announced today that its board of directors voted to declare a dividend of
$0.07 per share on all outstanding shares of the corporation's common stock.
The first quarter cash dividend is payable on March 16, 1999, to stockholders
of record at the close of business on March 2, 1999.  Currently, there are
approximately 35.5 million shares of EVEREN Capital common stock outstanding.
    The transfer agent and dividend paying agent for EVEREN's common stock is
Harris Trust and Savings Bank.
    EVEREN Capital Corporation (NYSE: EVR) is the fifth largest publicly
traded majority employee-owned company in the United States.  Its principal
operating subsidiary, EVEREN Securities, Inc., ranks among the 10 largest
national full-service brokerage firms in the industry and serves individual,
corporate, municipal and institutional clients through an integrated network
of approximately 1,820 investment consultants in 171 offices.  The company
combines the capital markets resources of a large national organization with
the personalized service and dedication of a smaller firm.  Currently, EVEREN
holds approximately $63 billion of client assets in 653,000 active client
accounts.  EVEREN Securities, Inc. is a member of the Securities Investor
Protection Corporation, the New York Stock Exchange and other principal
exchanges.  For more information, visit the company's web site at
http://www.everensec.com.


SOURCE EVEREN Capital Corporation




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Related links:
  • http://www.everensec.com
    Company News On-Call:
  • http://www.prnewswire.com/comp/121760.html or fax,
    800-758-5804, ext. 121760
    CONTACT:
    Wilson Medina, 312-574-5152, or Elise G.
    Powell, 312-574-5229, both of EVEREN Capital Corporation