ProCentury Declares Dividend

The board of directors of ProCentury Corporation based in Columbus, Ohio, has approved a cash dividend of two cents per share, payable on Sept. 21, 2005 to shareholders of record on Aug. 31, 2005.

ProCentury Corporation is a specialty property and casualty insurance holding company. Its subsidiary, Century Surety Company, underwrites general liability, commercial property, and multi-peril insurance for small and mid-sized businesses. Century Surety Company primarily writes excess and surplus lines insurance and markets its products through a select network of general agents.