Zenith Declares Quarterly Dividend

December 11, 2003

Woodland Hills, Calif.-based Zenith National Insurance Corp. declared a regular quarterly cash dividend of $.25 per share on its outstanding shares. The dividend is payable Feb. 13, 2004 to stockholders of record at the close of business on Jan. 30, 2004.

Woodland Hills, Calif.-based Zenith National Insurance Corp. declared a regular quarterly cash dividend of $.25 per share on its outstanding shares. The dividend is payable Feb. 13, 2004 to stockholders of record at the close of business on Jan. 30, 2004.

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