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Press release from Business Wire

Principal Financial Group Chairman and CEO Receives Lifetime Achievement Award

Friday, March 30, 2012

Principal Financial Group Chairman and CEO Receives Lifetime Achievement Award11:56 EDT Friday, March 30, 2012 DES MOINES, Iowa (Business Wire) -- PLANSPONSOR, a leading national retirement industry magazine, has presented Larry D. Zimpleman, chairman, president and chief executive officer of the Principal Financial Group® with the Lifetime Achievement Award for his extraordinary contributions to the retirement plan industry. “The Principal Financial Group has been a leader in the retirement space for a generation,” said Charles Ruffel, founder of PLANSPONSOR. “That focus, and commitment to excellence, is embodied by chairman, president and chief executive officer Larry Zimpleman, first in his role running the retirement business and now as chief executive.” Zimpleman joined The Principal® in 1971 as an actuarial intern and since then has held many leadership positions running and managing the company's retirement and investor services operations. As a highly regarded expert on retirement security, global retirement systems, and financial services, his leadership and expertise is regularly sought by government officials and regulators worldwide. Zimpleman holds leadership positions in several industry organizations (including the Financial Services Roundtable, the American Council of Life Insurers, and the Business Roundtable) focused on promoting and protecting the financial security of workers and businesses throughout the United States and worldwide. In both 2002 and 2006, Zimpleman was elected to serve as a delegate to the congressionally mandated National Summit on Retirement Savings (SAVER Summit) held in Washington, D.C. PLANSPONSORpresented the award on March 29 at the 2012 Awards for Excellence ceremony in New York. The prestigious event is held each year to celebrate the accomplishments made in the retirement plan industry, and include the crowning of the Plan Sponsors of the Year. Parkview Medical, a retirement plan client of The Principal was named as a finalist. A photo and biography of Mr. Zimpleman are available upon request. For more news and insights from The Principal, connect with us on Twitter at http://twitter.com/ThePrincipal. About the Principal Financial GroupThe Principal Financial Group® (The Principal ®)1 is a global investment management leader including retirement services, insurance solutions and asset management. The Principal offers businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and insurance through its diverse family of financial services companies. Founded in 1879 and a member of the FORTUNE 500®, the Principal Financial Group has $335.0 billion in assets under management2 and serves some 18.0 million customers worldwide from offices in Asia, Australia, Europe, Latin America and the United States. Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG. For more information, visit www.principal.com. 1 “The Principal Financial Group” and “The Principal” are registered service marks of Principal Financial Services, Inc., a member of the Principal Financial Group.2 As of Dec. 31, 2011. Principal Financial GroupTerri Hale, 515-283-8858hale.terri@principal.comorLauren Mease, 515-822-0431mease.lauren@principal.com