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The Allstate Corporation Announces Quarterly Dividend

    NORTHBROOK, Ill., Nov. 12 /PRNewswire-FirstCall/ -- The Allstate
Corporation today declared a quarterly dividend of 21 cents per share ($0.21)
on the common stock of the company.  The dividend is payable Jan. 2, 2003 to
shareholders of record at the close of business on Nov. 29, 2002.
    The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held
personal lines insurer.  Widely known through the "You're In Good Hands With
Allstate(R)" slogan, Allstate provides insurance products to more than 16
million households and has approximately 12,500 exclusive agents and financial
specialists in the U.S. and Canada.  Customers can access Allstate products
and services through Allstate agents, or in select states at allstate.com and
1-800-Allstate(SM). Encompass(SM) and Deerbrook(R) Insurance brand property
and casualty products are sold exclusively through independent agents.
Allstate Financial Group includes the businesses that provide life insurance,
retirement and investment products, through Allstate agents, workplace
marketing, independent agents, banks and securities firms.



SOURCE Allstate Corporation




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    CONTACT:
    Michael Trevino of Allstate Corporation,
    +1-847-402-5600