Progressive Distributes May Results

MAYFIELD VILLAGE, Ohio--June 10, 2004--The Progressive Corporation today reported the following results for May 20, 200404:

----------------------------------------------------------------------
($ in millions, except per share amounts)   May       May
                                            2004     2003     Change
                                         --------- --------- ---------
Net premiums written                     $1,054.4    $910.9     16%
Net premiums earned                         998.2     853.9     17%
Net income                                  109.0      95.2     14%
    Per share                                 .50       .43     15%
Combined ratio                               86.6      88.3   1.7 pts.
----------------------------------------------------------------------

See the complete monthly release at http://www.progressive.com/investors/pdf/mreport_0504.pdf for further information and commentary.

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.