Progressive Distributes June Results.

MAYFIELD VILLAGE, Ohio -- The Progressive Corporation (NYSE:PGR) today reported the following results for June and the second quarter 2005:

Month                    Quarter
------------------------------------------- --------------------------
(millions, except
 per share amounts
 and ratios)        2005     2004    Change   2005     2004    Change
                  -------- --------  ------ -------- --------  ------
Net premiums
 written          $1,092.8  $991.5      10% $3,594.1  3,361.6      7%
Net premiums
 earned            1,069.6 1,005.4       6%  3,453.8  3,234.0      7%
Net income           120.6   120.2      --%    394.3    386.3      2%
   Per share           .61     .55      11%     1.97     1.76     12%
Pre-tax net
 realized gains
 (losses)              (.7)   (3.1)   (77)%     (3.8)    (3.4)    12%

Combined ratio        87.3    86.0 (1.3)pts.   86.1      85.4 (.7)pts.

Diluted equivalent
 shares              199.4   219.7     (9)%    200.0    219.8    (9)%

See the complete monthly release at http://investors.progressive.com/releases/2005/pdf/mreport_0605.pdf for further month and year-to-date information and commentary.

The Company is scheduled to hold a one-hour conference call to address questions on Tuesday, August 9, 2005, at 9:00 a.m. eastern time, subsequent to the posting of the Company's Shareholders Report online and the

filing of its Quarterly Report on Form 10-Q with the SEC. Registration for the teleconference or webcast is scheduled to be available on the Company's Web site at http://investors.progressive.com/events.asp on or after July 21, 2005.

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 companies that offer insurance directly (by phone at 1-800-PROGRESSIVE and online at progressivedirect.com) market their products and services under the Progressive Direct(SM) brand, while the companies that offer insurance through more than 30,000 independent insurance agencies market their products and services under the Drive(SM) Insurance from Progressive brand. The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, are publicly traded at NYSE:PGR. More information can be found at progressive.com, including a guide to interpreting the monthly reporting package.