Cobalt Corp. Names Granger to Post

January 8, 2003

Cobalt Corporation has named Lorna Granger as its Senior VP, General Counsel and Corporate Secretary, effective Feb. 3, 2003. She will direct the legal staff for Cobalt and its subsidiary, Blue Cross & Blue Shield United of Wisconsin.

Granger succeeds Stephen Bablitch, who became Cobalt’s Chairman and CEO on Dec. 1, 2002.

“Lorna Granger’s 25 years of legal expertise combined with her management credentials make her an excellent choice as Cobalt Corporation’s general counsel,” Bablitch stated. “She will work with Cobalt’s legal department to ensure that we receive the very best in legal services.”

Her areas of expertise include corporate and regulatory compliance; Medicare and Medicaid reimbursement; mergers, acquisitions and joint ventures; and contracting.

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