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Progressive Distributes January Results

MAYFIELD VILLAGE, Ohio--The Progressive Corporation today reported the following results for January 2007:

(millions, except per share amounts and ratios) January

2007

January

2006

Change

Net premiums written $1,314.4  $1,329.7  (1)%
Net premiums earned 1,335.3  1,336.0  0%
Net income 137.7  154.1  (11)%
Per share .18  .19  (5)%
Combined ratio 87.8  86.0  1.8 pts.

See the complete monthly release at http://investors.progressive.com/releases/2007/pdf/mreport_0107.pdf for further month information.

The Company is scheduled to hold a one-hour conference call to address questions on Friday, March 2, 2007, at 9:30 a.m. eastern time, subsequent to the posting of the Companys 2006 Annual Report online and the filing of its 2006 Annual Report on Form 10-K with the SEC. Registration for the teleconference or webcast is available on our Web site at http://investors.progressive.com/events.asp

The Progressive Group of Insurance Companies, in business since 1937, ranks third in the nation for auto insurance based on premiums written and provides drivers with competitive rates and 24/7, in-person and online service. The products and services of the Progressive Direct Group of Insurance Companies are marketed directly to consumers online at www.progressivedirect.com and by phone at 1-800-PROGRESSIVE through the Progressive Direct® brand. The Drive Group of Progressive Insurance Companies offers insurance through more than 30,000 independent insurance agencies that market their products and services through the Drive® Insurance from Progressive brand. For more information about Drive Insurance, go to www.driveinsurance.com. The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, are publicly traded at . More information, including a guide to interpreting the monthly reporting package, can be found at www.progressive.com.