Mercury General Corporation Invites You to Join Its Fourth Quarter Conference Call on the Web

LOS ANGELES, Feb. 5, 2004 -- In conjunction with Mercury General Corporation's Fourth Quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on February 9, 2004 at 1:00 P.M. Eastern.

   WHAT:     Mercury General Corporation 4th Quarter Earnings Release

   WHEN:     February 9, 2004 @ 1:00 P.M. Eastern

   WHERE:    http://www.firstcallevents.com/service/ajwz398798276gf12.html

   HOW:      Live over the Internet -- Simply log on to the web at the
             address above.

   CONTACT:  Judy Walters, 323-857-7140

If you are unable to participate during the live webcast, the call will be archived on the Web site www.mercuryinsurance.com . To access the Web site replay, go to Investor Relations and click on Conference Calls.

Mercury General is the leading independent agency writer of automobile insurance in California and has been one of the fastest growing automobile insurers in the nation. It is ranked as the sixth largest among all insurers in California, with total assets over $2 billion. Automobile insurance is also written in Florida, Georgia, Texas, Illinois, Oklahoma, New York, Virginia and New Jersey.

Mercury General Corporation and its subsidiaries are a multiple line insurance organization offering predominantly personal automobile and homeowners insurance through a network of independent agents and brokers in many states.

From its formation in 1961, Mercury has concentrated on building and improving the foundation on which long-term shareholder value is created. First and foremost is the careful underwriting, strict cost control and efficient claims management which support affordable, competitive automobile insurance rates.

(Minimum Requirements to listen to broadcast:

The Windows Media Player software, downloadable free from http://www.microsoft.com/windows/windowsmedia/EN/default.asp and at least a 28.8Kbps connection to the internet. If you experience problems listening to the broadcast, send an email to webcastsupport@tfprn.com .)

Audio: http://www.firstcallevents.com/service/ajwz398798276gf12.html