Meadowbrook Files to Make Common Stock Offering

April 25, 2002

Michigan-based Meadowbrook Insurance Group, Inc. has filed a registration statement with the Securities and Exchange Commission relating to an offering of up to 18,500,000 new shares of its common stock.

The company stated the offering is being lead-managed by Friedman, Billings, Ramsey & Company.

Meadowbrook will grant to the underwriters an option to purchase additional shares of its common stock to cover over-allotments incurred in connection with the offering. The company expects to conclude the offering by June 2002. A preliminary prospectus, when available, may be obtained from Friedman, Billings, Ramsey & Co.

Meadowbrook Insurance Group is a specialty risk management company, creating alternative risk management solutions for agents, brokers, and insureds of all sizes.

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