WESTERN INVESTORS LIFE INSURANCE COMPANY

PLACED IN RECEIVERSHIP. SOME OF THE BUSINESS TAKEN OVER BY AMERICAN HOME SECURITY LIFE INSURANCE COMPANY OF ARTESIA, NEW MEXICO.

AMENDMENT FILED

AMENDING ARTICLE IV/AUTHORIZED IS 329,196 AT .50

AMENDING ARTICLE IV/AUTHORIZED IS 210,000 AT .50

CNT <WESTERN INVESTORS LIFE INSURANCE COMPANY>

AMENDING ARTICLE IV/AUTHORIZED IS 210,500 AT $1.00

AUTHORIZED TO BE $210,500

AMENDING ARTICLE III/AUTHORIZED IS 200,000 COMMON AT $5.00