X0306 4 2012-12-27 0 0000832480 UTG INC UTGN 0001064892 CORRELL JESSE T FIRST SOUTHERN BANCORP P. O. BOX 328 STANFORD KY 40484 1 1 1 0 Chairman & CEO Common Stock 341997 I By First Southern Funding, LLC Common Stock 72750 I By WCorrell. Limited Partnership Common Stock 204909 I By First Southern Bancorp, Inc. Common Stock 1201876 I By First Southern Holdings, LLC Common Stock 11055 I By Bluegrass Farms & Woodlands, LLC Common Stock 2012-12-27 4 A 0 5660 0 A 23968 D The reporting person is President and manager of First Southern Funding, LLC. The reporting person disclaims beneficial ownership of the reported securities held by First Southern Funding, LLC except to the extent of his pecuniary interest therein. The reporting person is the managing general partner of WCorrell, Limited Partnership. The reporting person disclaims beneficial ownership of the reported securities held by WCorrell, Limited Partnership except to the extent of his pecuniary interest therein. The reporting person is Chairman and President of First Southern Bancorp, Inc. The reporting person disclaims beneficial ownership of the reported securities held by First Southern Bancorp, Inc. except to the extent of his pecuniary interest therein. The reporting person is the President of First Southern Holdings, LLC. The reporting person disclaims beneficial ownership of the reported securities held by First Southern Holdings, LLC except to the extent of his pecuniary interest therein. The reporting person is the Managing Member of Bluegrass Farms & Woodlands, LLC. The reporting person disclaims beneficial ownership of the reported securities held by Bluegrass Farms & Woodlands, LLC except to the extent of his pecuniary interest therein. /s/ Jill Martin, Attorney-in-Fact 2012-12-31