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AmeriGroup Prices Public Offering

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NU Online News Service, Oct. 10, 2003, 11:13 a.m. EST – AmeriGroup Corp., Virginia Beach, Va., says it will be selling 2.75 million shares of common stock to the public at a price of $46.50 per share.

The underwriters have the right to buy up to 412,500 additional shares.

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The managers of the offering are Banc of America Securities L.L.C., New York, and Credit Suisse First Boston L.L.C., New York.

AmeriGroup manages Medicaid managed care programs and other government-sponsored managed care programs.