CORRECTING and REPLACING Farmers Introduces Home/Life Discount: New Discount is Part of Overall Rate Decrease for Nevada Homeowners Customers Effective February 16, 2004.

Business Editors

CORRECTION...by Farmers Insurance Group

LOS ANGELES--(BUSINESS WIRE)--Feb. 17, 2004

In BW6047 issued Feb. 17, 2004: Please replace the release with the following corrected version.

The corrected release reads:

FARMERS OFFERS MULTIPLE LINES DISCOUNT TO CUSTOMERS IN NEVADA; FARMERS TO OFFER HOME DISCOUNT TO LIFE INSURANCE CUSTOMERS

Farmers Insurance customers may qualify for a special discount on Home insurance when they also have a Farmers New World Life Insurance Company policy. The Home Life Discount is similar to the Auto Life discount already offered to Farmers auto customers. These discounts are part of an effort by Farmers to provide its valued customers with greater savings on their insurance options.

"The Home Life Discount and the Auto Life Discount combined with Farmers' competitive level term rates, whole life and attractive universal and variable universal life products provide auto customers with an attractive solution to their life insurance needs," said Susan Bithell, State Executive Director for Nevada. "Our goal is to try and make buying insurance simple and easy for our customers -- we want to be a one stop shop. Not only are we making things easier for our customers, but we are also giving them a discount in the process," said Bithell.

To get more information about the program, customers can check with their local Farmers agent for more information or on the web at Farmers.com.

Farmers Insurance Group of Companies(R) is the nation's third-largest Personal Lines Property & Casualty insurance group. Headquartered in Los Angeles and doing business in 41 states, the insurers comprising the Farmers Insurance Group of Companies provide Homeowners, Auto, Business, Life insurance and financial services to more than 10 million households through 17,000 exclusive and independent agents and district managers. For more information about Farmers, visit our Web site at www.farmers.com.