Safeco To Host Investor Session After Opening at NYSE

November 30, 2006

Seattle-based Safeco will host an informal question-and-answer session for analysts in New York on Thursday, Nov. 30. The event will begin at 1:30 p.m., Eastern Time (10:30 a.m., Pacific Time) in Manhattan.

Safeco’s CEO Paula Reynolds, Chief Financial Officer Ross Kari and Insurance Operations Executive Vice President Mike Hughes will host the session following the company’s ringing of the Opening Bell to commence its listing on the NYSE.

A live Webcast of the session will be available on Safeco’s Web site at www.safeco.com/irwebcast.

Forward-looking information — including predictive information about Safeco’s future performance and results — may be discussed during the presentation.

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