NA = Not Available

1) Represents Progressive's Personal Lines Businesses as a percent of the U.S. personal auto insurance market.

2) Represents U.S. personal auto insurance market net premiums written as reported by A.M. Best Company, Inc.; 2004 is estimated.

3) Represents average annual compounded rate of increase (decrease) and assumes dividend reinvestment.

All share and per share amounts were adjusted for the April 22, 2002, 3-for-1 stock split.

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