Based on preliminary voting results received from IVS Associates, Inc., the independent inspector of election, stockholders of the Company have re-elected Robert E. Dean, Raymond C. Groth, Paul A. Philp, Courtney C. Smith, Robert H. Whitehead and Russell E. Zimmermann. According to the preliminary voting results, with respect to the Board seat currently held by Peter E. Jokiel, no nominee received a plurality of the votes of the shares present in person or represented by proxy at the Annual Meeting.

In addition, based on the preliminary voting results, the stockholders voted to ratify the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for 2009.

IVS Associates, Inc. has informed the Company that representatives of Hallmark Financial Services, Inc. have requested a review of the preliminary tabulation report. The Company expects that such review will be conducted within a week and that the inspector of election will certify voting results shortly thereafter.

About Specialty Underwriters' Alliance, Inc.

Specialty Underwriters' Alliance, Inc., through its subsidiary SUA Insurance Company, is a specialty property and casualty insurance company providing commercial insurance products through exclusive wholesale Partner Agents that serve niche groups of insureds. These targeted customers require highly specialized knowledge due to their unique risk characteristics. Examples include tow trucks, professional employer organizations, public entities, and contractors. SUA's innovative approach provides products and claims handling, allowing the Partner Agent to focus on distribution and customer relationships.

Safe Harbor Statement

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. This release or any other written or oral statements made by or on behalf of the company may include forward-looking statements that reflect the company's current views with respect to future events and financial performance. All statements other than statements of historical fact included in this release are forward-looking statements. Forward-looking statements can generally be identified by the use of forward-looking terminology such as "may," "will," "plan," "expect," "intend," "estimate," "anticipate," "believe" or "continue" or their negative or variations or similar terminology. All forward-looking statements address matters that involve risks and uncertainties.