Safeco to Host Webcast to Discuss Second-Quarter Financial Results

July 5, 2006

Seattle-based Safeco will be hosting a live Internet broadcast of its regularly scheduled conference call to discuss second-quarter financial results.

The conference call will be held at 10 a.m., EST on Wednesday, Aug. 2, 2006. The call also will be archived later in the day for replay at http://www.safeco.com/irwebcast.

Listeners are encouraged to visit the Web site prior to the call to test the compatibility of their computer. Links are available, through the Web address above, to download necessary software plug-ins free of charge.

Safeco will issue a news release outlining second-quarter results at approximately 7:45 a.m., EST on Wednesday, Aug. 2. At the same time, Safeco’s quarterly supplemental financial information will be posted on the Internet at http://www.safeco.com/irsupplements.

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