12 July 2011

Lincoln National Corporation (NYSE:LNC) has notified the Chicago Stock Exchange that it intends to withdraw listing of its shares of common stock and its $3.00 Cumulative Convertible Preferred Stock, Series A on the Chicago Stock Exchange. Lincoln can continue to meet investor needs by maintaining its current NYSE listing while lowering costs and eliminating duplicative compliance burdens. Trading of Lincoln shares on the facilities of the Chicago Stock Exchange will still be available on an unlisted basis.

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 $162 billion as of March 31, 2011. Through its affiliated companies, Lincoln Financial Group offers: annuities; life, group life, disability and dental insurance; 401(k) and 403(b) plans; savings 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.

Contact:

Lincoln Financial Group
Investor Contacts:
Jim Sjoreen, 484-583-1420
InvestorRelations@LFG.com
or
Media Contacts:
Laurel O’Brien, 484 583-1735
MediaRelations@LFG.com