Genworth Financial (GNW) Announces Filing of Registration Statement for Proposed Initial Public Offering by its U.S. Mortgage Insurance Business

Genworth Financial, Inc. (NYSE: GNW) (Genworth, the Company) today announced that its wholly owned subsidiary, Genworth Mortgage Holdings, Inc. (GMHI), has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the SEC) in connection with the proposed initial public offering (the offering) of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

J.P. Morgan and Goldman Sachs & Co. LLC will serve as joint book-running managers for the proposed offering.

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