Hartford Financial Services : The Hartford Financial Services Group, Inc. Announces Receipt Of Requisite Consents For Its Consent Solicitation For The Holders Of Its 6.1% Notes Due 2041

The Hartford (NYSE: HIG) announced today that pursuant to its previously announced solicitation of consents (the "Consent Solicitation") it has received the requisite consents from holders of its 6.1% senior notes due 2041 (the "Notes") to terminate the replacement capital covenant entered into by The Hartford dated as of October 17, 2008 in connection with the issuance by The Hartford of $1,750,000,000 aggregate principal amount of 10% fixed-to-floating rate junior subordinated debentures due 2068. Accordingly, the revocation deadline has passed, and validly delivered consents may not be revoked.

The consent solicitation will expire at 12:00 noon, New York City time, on April 13, 2012, unless earlier terminated or further extended by The Hartford in its sole discretion (the "Expiration Time"). The Hartford has accepted all consents validly delivered and will continue to accept all consents validly delivered by the Expiration Time. All holders who validly deliver their consent by the Expiration Time will be eligible to receive a consent fee of $17.50 in cash per $1,000 principal amount of Notes for which such consent was validly delivered (the "Consent Fee").

For a complete statement of the terms and conditions of the consent solicitation, holders of the Notes should refer to the Consent Solicitation Statement, dated April 2, 2012, and the accompanying letter of consent (together, the "Solicitation Documents") (in each case, as amended or supplemented, including as amended by this press release). Holders who have previously delivered consents need not take any further action in order to receive the Consent Fee.

Inquiries may be addressed to the Information and Tabulation Agent for the Consent Solicitation, Global Bondholder Services Corporation, at (866) 540-1500.

Citigroup Global Markets Inc. and Goldman, Sachs & Co. are the Solicitation Agents for the Consent Solicitation. Questions regarding the Consent Solicitation may be directed to Citigroup Global Markets Inc. at (800) 558-3745 and to Goldman, Sachs & Co. at (800) 828-3182.

None of The Hartford, the Information and Tabulation Agent, the Solicitation Agents or any of their respective affiliates makes any recommendation as to whether holders of the Notes should deliver their consent to the proposed termination of the replacement capital covenants pursuant to the Consent Solicitation, and no one has been authorized by any of them to make such recommendation. Each holder of the Notes must make its own decision as to whether to give its consent.

THIS NEWS RELEASE IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE A SOLICITATION OF CONSENTS.

THE CONSENT SOLICITATION IS BEING MADE ONLY PURSUANT TO THE SOLICITATION DOCUMENTS THAT THE INFORMATION AND TABULATION AGENT WILL DISTRIBUTE TO HOLDERS OF THE NOTES. HOLDERS OF THE NOTES SHOULD READ CAREFULLY THE SOLICITATION DOCUMENTS PRIOR TO MAKING ANY DECISION WITH RESPECT TO THE CONSENT SOLICITATION, BECAUSE THOSE DOCUMENTS CONTAIN IMPORTANT INFORMATION, INCLUDING THE VARIOUS TERMS OF, AND CONDITIONS TO, THE CONSENT SOLICITATION.

About The Hartford

The Hartford Financial Services Group Inc. (NYSE: HIG) is a leading provider of insurance and wealth management services for millions of consumers and businesses worldwide. The Hartford is consistently recognized for its superior service, its sustainability efforts and as one of the world's most ethical companies.

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Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our 2011 Annual Report on Form 10-K and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued.

The Hartford
Media Contacts:
Shannon Lapierre, 860-547-5624
shannon.lapierre@thehartford.com
or
Dave Snowden, 860-547-3397
david.snowden@thehartford.com
or
Investor Contacts:
Sabra Purtill, 860-547-8691
sabra.purtill@thehartford.com
or
Ryan Greenier, 860-547-8844
ryan.greenier@thehartford.com

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