Erie Insurance Group Again In Fortune 500 List

Erie, Pa. - March 24, 2004 - FORTUNE magazine has ranked Erie Insurance Group

No. 368 on the 2004 FORTUNE 500 list of the largest American companies based on total revenue. ERIE made its first appearance on the FORTUNE 500 list last year.

"We are pleased that the financial strength of Erie Insurance Group has enabled us to continue to grow alongside America's largest companies," said Jeffrey A. Ludrof, Erie Insurance Group president and chief executive officer. "This is a testament to the dedication and hard work of our employees and agents, who provide superior insurance products and service to our policyholders every day. It's this commitment to service that sets us apart in the marketplace, and helps us achieve quality growth. Policyholders continue to be attracted to our sincere dedication to meeting their needs. And when they have an opportunity to experience our service firsthand, they tend to stay with our company for a very long time."

Erie Indemnity Company provides management services to the member companies of the Erie Insurance Group, which includes the Erie Insurance Exchange, Flagship City Insurance Company, Erie Insurance Company, Erie Insurance Property and Casualty Company, Erie Insurance Company of New York and Erie Family Life Insurance Company.

According to A.M. Best Company, Erie Insurance Group, based in Erie, Pennsylvania, is the 16th largest automobile insurer in the United States based on direct premiums written and the 20th largest property/casualty insurer in the United States based on total lines net premium written. The Group, rated A+ (Superior) by A.M. Best Company, has more than 3.7 million policies in force and operates in 11 states and the District of Columbia. Erie Insurance Group ranks No. 368 among the FORTUNE 500 and is included in FORBES "Platinum 400" list of America's best-managed companies.