CNO Financial Group, Inc. — Director's Dealing 2011

May 9, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CNO Financial Group, Inc. (CNO)
CIK: 0001224608
Period of Report: 2011-05-06

Reporting Person: Stecher Steven M (Pres.,Washington National)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-06	Common Stock	M	21750	$1.13	Acquired	162025	Direct
2011-05-06	Common Stock	S	8953	$7.8255	Disposed	153072	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-06	Stock Option	$1.13	M	21750	Disposed	2014-04-02	Common Stock (21750)	Direct

Footnotes

F1: One-half of these options vested on March 31, 2011 and the other one-half vests on March 31, 2012.