The National Security Group, Inc.
661 East Davis Street
Post Office Box 703
Elba, Alabama 36323 EXHIBIT 99.1

PRESS RELEASE

FOR IMMEDIATE RELEASE

For Additional Information Contact: Brian R. McLeod, Chief Financial Officer, at (334) 897-2273 Ext. 241.

Elba, Alabama (August 14, 2003)…Results for the three months and six months ended June 30, 2003 and 2002, based on accounting principles generally accepted in the United States of America, were reported today as follows:

	Three Months Ended June 30				Six Months Ended June 30
	2003		2002		2003		2002
Premium Income	$	12,025,000	$	8,063,000	$	21,952,000	$	15,306,000
Investment Income		1,183,000		1,152,000		2,242,000		2,212,000
Realized Investment Gains		595,000		454,000		661,000		678,000
Other Income		333,000		272,000		666,000		520,000
Total Revenues	$	14,136,000	$	9,941,000	$	25,521,000	$	18,716,000
Net Income	$	1,326,000	$	98,000	$	2,096,000	$	442,000
Net Income Per Share	$	0.54	$	0.04	$	0.85	$	0.18

The National Security Group, Inc., through its property & casualty and life insurance subsidiaries, offer property, casualty, life, accident and health insurance in twelve states.

NASDAQ Symbol: NSEC

Contact: Brian R. McLeod, Treasurer and Chief Financial Officer
The National Security Group, Inc.
661 East Davis Street
Post Office Box 703
Elba, Alabama 36323
(334)897-2273, ext.241