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This document is dated April 20, 2010. It may not be accurate after such date and LNC does not undertake to update or keep it accurate after such date.

O'Donnel Earns 2009 Top Advisor Honor for Lincoln Financial

HOUSTON, Tex., April 20, 2010 — Michael J. O'Donnel, a principal with Alliant Insurance Services, has been named the 2009 Lincoln Financial Network (LFN) Advisor of the Year for 2009. This honor is awarded each year to a top advisor affiliated with LFN. Being named Advisor of the Year is a reflection of the dedication and expertise Mr. O'Donnel shares with clientele across the country.

Mr. O'Donnel is a registered representative with Lincoln Financial Securities Corporation, President of The International Forum, a member of AALU, and on the Board of the World Health and Golf Association. He has spoken at many functions and associations, including the State Bar of Texas, The International Forum, and numerous life insurance company conventions. He received his Bachelor of Science degree from the University of Houston and completed the Retirement Strategies Program at the Wharton School of Business.

"Mike has continually earned the trust of his clients, the respect of his peers and the appreciation of Lincoln Financial," said Bill Seawell, Senior Vice President — GA and ABGA Distribution for Lincoln Financial. "I can think of no one more deserving of this award."

About Lincoln Financial Network
Lincoln Financial Network is the marketing name for Lincoln Financial Advisors Corp. and Lincoln Financial Securities Corporation, members of Lincoln Financial Group. Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. Lincoln Financial Network has 7,682 representatives nationwide.

About Lincoln Financial Group
Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. With headquarters in the Philadelphia region, the companies of Lincoln Financial Group had assets under management of $141 billion as of December 31, 2009. Through its affiliated companies, Lincoln Financial Group offers: annuities; life, group life and disability income insurance; 401(k) and 403(b) plans; retirement plans; and comprehensive financial planning and advisory services. For more information, including a copy of our most recent SEC reports containing our balance sheets, please visit www.LincolnFinancial.com.



For more information:

Media Contact:
Jeff VanPelt
603 226-5216
E-mail: MediaRelations@LFG.com

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Hello future.
Lincoln Financial Group is the marketing name for Lincoln National Corporation and insurance
company affiliates, including The Lincoln National Life Insurance Company, Fort Wayne, IN,
and in New York, Lincoln Life & Annuity Company of New York, Syracuse, NY. Variable products
distributed by broker/dealer-affiliate Lincoln Financial Distributors, Inc., Radnor, PA. Securities
and investment advisory services offered through other affiliates. Explore Lincoln.