Press Release

RICHMOND, Va., May 19 /PRNewswire-FirstCall/ -- Genworth Financial, Inc. (NYSE: GNW), today announced that it has priced a public offering of 10-year senior notes in an aggregate principal amount of $600 million and with an interest rate of 6.515 percent per year. Genworth intends to use the net proceeds from this offering for general corporate purposes.

Deutsche Bank Securities Inc., Morgan Stanley & Co., Incorporated and UBS Securities LLC are joint book-running managers for this offering, which is expected to close on May 22, 2008. Interested parties may obtain a written prospectus relating to the senior notes offering from any of the following:

Deutsche Bank Securities Inc., Attention: Prospectus Department
100 Plaza One, Jersey City, NJ 07311
prospectusrequest@list.db.com
800 503.4611

Morgan Stanley & Co. Incorporated, Attention: Prospectus Department
180 Varick Street, 2nd Floor, New York, NY 10014
prospectus@morganstanley.com
866 718.1649

UBS Securities LLC, Attention: Prospectus Department
677 Washington Blvd., Stamford CT 06901
877 827.6444 ext. 561.3884

This announcement does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state in which the offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that state.

About Genworth Financial

Genworth Financial, Inc. (NYSE: GNW) is a leading public Fortune 500 global financial security company. Genworth has $114 billion in assets and employs approximately 7,000 people in 25 countries. Its products and services help meet the investment, protection, retirement and lifestyle needs of over 15 million customers. Genworth operates through three segments: Retirement and Protection, International and U.S. Mortgage Insurance. Its products and services are offered through financial intermediaries, advisors, independent distributors and sales specialists. Genworth Financial, which traces its roots back to 1871, became a public company in 2004 and is headquartered in Richmond, Virginia. For more information, visit http://www.genworth.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "will," or words of similar meaning and include, but are not limited to, statements regarding the outlook for the company's future business and financial performance. Forward-looking statements are based on management's current expectations and assumptions, which are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Actual outcomes and results may differ materially due to global political, economic, business, competitive, market, regulatory and other factors. The company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise.