The Progressive Corporation Announces Investor Relations Conference Ca

    Business Editors/Insurance Writers

    MAYFIELD VILLAGE, Ohio--(BUSINESS WIRE)--Feb. 23, 2005--The Progressive Corporation (NYSE:PGR) will host a one-hour conference call on Thursday, March 3, 2005, beginning at 9:00 a.m. eastern time. The Company's 2004 Annual Report on Form 10-K, including the 2004 Annual Report to Shareholders, will be available on Tuesday, March 1. Under the Company's conference call format, the Company will not make detailed comments in addition to these published reports, but management will respond to questions at that time.
    Simultaneous broadcast of the conference call will be provided by phone and online.
    To register for the conference call and receive the necessary call-in and webcast details, visit the Company's Web site at http://investors.progressive.com/events.asp.
    The webcast is also being distributed through the Thomson StreetEvents Network to both institutional and individual investors. Individual investors can listen to the call at www.fulldisclosure.com, Thomson/CCBN's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson's password-protected event management site, StreetEvents (www.streetevents.com).
    The Progressive group of insurance companies ranks third in the nation for auto insurance based on premiums written. The companies that offer insurance directly (by phone at 1-800-PROGRESSIVE and online at progressive.com) market their products and services through the Progressive Direct(SM) brand, while the companies that offer insurance through more than 30,000 independent agencies in the U.S. market their products and services through the Drive Insurance from Progressive(SM) brand. The Common Shares of The Progressive Corporation, the holding company, are publicly traded at NYSE:PGR. More information can be found at progressive.com.

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CONTACT: The Progressive Corporation, Mayfield Village Thomas A. King, 440-395-2260

KEYWORD: OHIO INDUSTRY KEYWORD: INSURANCE AUTOMOTIVE CONFERENCE CALLS SOURCE: The Progressive Corporation

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