Health Net of California is New Title Sponsor

Health Net of California is New Title Sponsor

WOODLAND HILLS, Calif. (May 14, 2003) The Warner Center Disco Run-n-Ride benefiting the West Valley
Boys & Girls Club is pleased to announce Woodland Hills-based Health Net of California will become
Title Sponsor for 2003.

The Health Net Warner Center Disco Run-n-Ride will hit the streets of Woodland Hills May 24-25. It
is the first year for the 5-10K skate, run/walk and the 12th year for the Warner Center Grand Prix.

"Health Net is delighted to be a partner with so many caring organizations and community-minded
individuals to do something meaningful - and fun - for local youth," said Chris Wing, president of
Health Net of California, one of the largest health plans in the state. "We care about our
community, and we care about making a difference in the lives of our most precious asset: the youth
of our community."

Health Net also sponsors one of the best professional cycling teams, featuring Gord Fraser, which
will be one of the main attractions of the May 25 Grand Prix. The Grand Prix features both men's
and women's pro events, and this year's field promises to be one of the best ever for the Warner
Center event.

Besides the hot Gord Fraser, the Health Net Cycling Team will send Mike Sayers and a full support
squad to contest what is traditionally a sprinter's paradise. Monex/Hot Wheels, Schroeder Iron,
Jelly Belly, Saturn, Prime Alliance, Ofoto (with defending champion Keith Horowitz) all are expected
to send their best and most exciting riders to fight for the victory.

The Warner Center Grand Prix will be televised by Time Warner Cable on all its Southern California
outlets, and Star 98.7 radio will be on hand from 2 to 4
p.m. Monex is sponsoring the celebrity event that will take place just before the men's pro
criterium, while a Kids' Zone and kids' racing events - both sponsored by State Farm and Mattel
- and the two-day expo will be expanded this year.

This year, area businesses, including the Westfield Promenade Mall, Hilton, Marriott, Maggiano's,
Wolfgang Puck's, Monty's, Mattel, and Chick's Sporting Goods will provide primes and prizes for the
runners and cyclists.

"This year's event looks to be the best ever. We expect a large crowd and an exciting atmosphere. I
would like to thank all the sponsor's of this year's event that helped make this happen, especially
Health Net, Time Warner Cable, KBIG, Los Angeles Daily News, Monex, Cytosport, Westfield Promenade,
the Woodland Hills Hilton, and the Warner Center Marriott, and all of the local businesses that
contributed cash and prizes for the riders and runners," states race director Steve Burton.
"Everyone is going to have a good time and enjoy some great action."

You can catch all of the action May 24-25.

For more information, including entry, expo or sponsorship opportunities, visit
www.yellowjerseyinc.com or e-mail [email protected]

About Health Net

Health Net of California, a subsidiary of Health Net, Inc. (NYSE: HNT), is one of the largest health
plans in California, serving more than 2.5 million members statewide. It contracts with more than
44,000 physicians, nearly 400 hospitals and more than 4,300 pharmacies, giving its members greater
choice and more convenient access to care. Its commercial and Medicare lines of business have
received the "Commendable" accreditation status from the National Committee for Quality Assurance.
For more information about Health Net, visit its award-winning Web site at www.health.net.