American Physicians Service Group, Inc. to Present at Morgan Keegan & Company, Inc. 2008 Equity Conference on September 4, 2008

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AUSTIN, TX, Aug 28, 2008 (MARKET WIRE via COMTEX) — American Physicians Service Group, Inc. (Company) (AMPH: American Physicians Svc Gp Inc AMPH 22.17, -0.24, -1.1%) will present at the Morgan Keegan & Company 2008 Equity Conference on September 4, 2008, at approximately 7:30 a.m. central time. This event will take place at the Peabody Hotel in Memphis, Tennessee. Additional information on this conference can be found on Morgan Keegan’s website at www.morgankeegan.com/MK/Conferences. The Company’s President, Tim LaFrey, will be presenting along with Marc Zimmermann, CFO. Their presentation will cover operating performance through June 30, 2008. Their presentation will be followed by a question and answer session.

This event will be webcast live on the Internet with the Company’s slide presentation. Listeners can access the live webcast by registering at http://www.wsw.com/webcast/mk17/amph/. Please allow at least 10 minutes prior to the event to register. You will also be able to access the presentation via our website ( www.amph.com). For those of you unable to listen to the live event, an archived edition of the webcast will be available for 90 days after the event date. Our slide presentation will also be made available on the Company’s website within the “For Investors” section under “Webcasts and Presentations.”

About the Company

The Company is an insurance and financial services firm with subsidiaries and affiliates which provide medical malpractice insurance for physicians and other healthcare professionals and brokerage and investment services to institutions and high net worth individuals. The Company is headquartered in Austin, Texas.

Forward-Looking Statements

This press release includes forward-looking statements related to the Company that involve risks and uncertainties that could cause actual results to differ materially. These forward-looking statements are made in reliance on the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. For further information about these factors that could affect the Company’s future results, please see the Company’s recent filings with the Securities and Exchange Commission. Prospective investors are cautioned that forward-looking statements are not guarantees of future performance. Actual results may differ materially from management expectations. Copies of the filings are available upon request from the Company’s investor relations department.

SOURCE: American Physicians Service Group

Copyright 2008 Market Wire, All rights reserved.

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