AMERIGROUP Corporation to Host Investor Day

VIRGINIA BEACH, Va., Aug. 7, 2008 AMERIGROUPCorporation (NYSE: AGP) will host an Investor Day on Friday, September 5,2008. The event will be held at the Grand Hyatt Hotel in New York City. TheCompany will webcast the presentations with the AMERIGROUP management team,beginning at 8:30 a.m. Eastern Time.

To access the broadcast, listeners should go to the investors' page of theCompany's Web site, www.amerigroupcorp.com, approximately 10 minutes prior tothe event. For those unable to listen to the live broadcast, a 30-day onlinereplay will be available approximately three hours following the conclusion ofthe live broadcast.

AMERIGROUP Corporation, headquartered in Virginia Beach, Virginia,improves healthcare access and quality for the financially vulnerable, seniorsand people with disabilities by developing innovative managed health servicesfor the public sector. Through its subsidiaries, AMERIGROUP Corporationserves approximately 1.7 million people in Florida, Georgia, Maryland, NewJersey, New Mexico, New York, Ohio, South Carolina, Tennessee, Texas andVirginia. For more information, visit www.amerigroupcorp.com.CONTACTS: Investors: Julie Loftus Trudell Senior Vice President, Investor Relations AMERIGROUP Corporation (757) 321-3597 News Media: Kent Jenkins Jr. Senior Vice President, External Communications AMERIGROUP Corporation (757) 769-7859

SOURCE AMERIGROUP Corporation

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