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January 31, 2001   Email to Friend 

ALFA ANNOUNCES NEW STOCK TRANSFER AGENT
J. Paul Till
334-613-4313
January 31, 2001

MONTGOMERY, Ala.-- Alfa Insurance Co. announced that as of Feb. 1, 2001 the American Stock Transfer & Trust Company will provide all stock transfer services for the common stock of Alfa Corporation. The Bank of New York will no longer act as transfer agent.

The address and toll-free number for the new transfer agent are:

American Stock Transfer & Trust Co., 59 Maiden Lane, New York, NY 10038. Phone: 1-800-937-5449.

General shareholder information also is available at AST's website: www.amstock.com


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