The Progressive Corporation Announces Webcast of 2004 Investor Relations Meeting

MAYFIELD VILLAGE, Ohio--May 19, 2004--The Progressive Corporation announced today that the Company will host a simultaneous webcast of its 2004 Investor Relations Meeting on Thursday, May 2, 20047, 2004, beginning at 9:00 a.m. eastern time. The meeting will last approximately two and one-half hours and will include integrated questions and answers within the presentation. Information that is distributed at the meeting will be made available on the Company's Web site on the morning of the meeting.

To attend the simultaneous webcast, visit the Company's Web site at http://www.progressive.com/investors/events.asp

The Progressive group of insurance companies ranks third in the nation for auto insurance based on premiums written, offering its products by phone at 1-800-PROGRESSIVE, online at progressive.com and through more than 30,000 independent agencies and insurance brokers. The Common Shares of The Progressive Corporation, the holding company, are publicly traded at NYSE:PGR.