Safety Insurance Raises Q3 Dividend to $0.10 Per Share

August 22, 2003

The Board of Directors of Boston'-based Safety Insurance Group, Inc., one of Massachusetts leading personal auto insurers, approved a $0.10 per share quarterly cash dividend on its issued and outstanding common stock, payable on September 15, 2003, to shareholders of record at the close of business on September 1, 2003.

The previous quarterly cash dividend was $0.07 per share. The company operates exclusively in Massachusetts through approximately 500 independent insurance agents doing business in around 600 locations throughout the state.