Safeco Declares Regular Dividend

SEATTLE, Nov. 2, 2005 -- Safeco today declared a regular dividend of $0.25 per share on its common stock. The dividend is payable January 23, 2006 to shareholders of record on January 6, 2006.

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Safeco, in business since 1923, is a Fortune 500 property and casualty insurance company based in Seattle. The company sells insurance to drivers, home owners, and owners of small- and medium-sized businesses through a national network of independent agents and brokers. More information about Safeco can be found at www.safeco.com.

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