St. Paul Travelers Companies
ST PAUL                                           385 Washington Street
TRAVELERS                                         St. Paul, MN 55102-1396
                                                  www.stpaultravelers.com

News Release

     St. Paul Travelers Estimates Hurricane Ivan Losses; Company Schedules
               Third Quarter Earnings Release, Conference Call

SAINT PAUL, Minn.--Oct. 6, 2004--St. Paul Travelers (NYSE:STA) announced today
that it estimates losses from Hurricane Ivan to be approximately $94 million,
after tax and reinsurance, attributable to the company's reportable business
segments as follows:

-- Commercial, approximately $49 million;
-- Specialty, approximately $26 million; and
-- Personal, approximately $19 million.

These estimated losses are expected to reduce the company's diluted earnings
per share for the third quarter of 2004 by approximately $0.14. Including the
previously announced loss estimates from Hurricanes Charley and Frances, the
combined losses from all three hurricanes are expected to reduce the company's
diluted earnings per share for the third quarter of 2004 by a total of
approximately $0.45. Estimated losses from Hurricane Jeanne are currently not
available.

St. Paul Travelers expects to release complete third-quarter 2004 earnings
after the market closes on Wednesday, Oct. 27, 2004. The news release and
supplemental financial information will be available subsequently on the
company's Web site at www.stpaultravelers.com. The quarterly conference call,
which will include a review of third-quarter 2004 financial results, will be
held at 9 a.m. EDT (8 a.m. CDT) Thursday, Oct. 28. The call will be available
in live audio on the investor section of the St. Paul Travelers Web site.

St. Paul Travelers is a leading provider of property casualty insurance and
asset management services. For more information, visit
www.stpaultravelers.com.

Forward-Looking Statements

Within the meaning of the Private Securities Litigation Reform Act of 1995,
all statements in this press release other than statements of historical facts
are "forward-looking statements" that may involve risks and uncertainties.
Actual results of matters addressed in these forward-looking statements may
differ substantially from those expressed or implied. For a discussion of
factors that could cause actual results to differ, please see the comments
under the heading 'Forward-Looking Statements' in the company's most recent
quarterly report on Form 10-Q filed with the Securities and Exchange
Commission.

CONTACT: St. Paul Travelers, Saint Paul
Media:
Shane Boyd, 651-310-3846
or
Marlene Ibsen, 860-277-9039
or
Institutional Investors:



Maria Olivo, 860-277-8330
or
Chuck Chamberlain, 860-954-3134
or
Individual Investors:
Marc Parr, 860-277-0779