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PROGRESSIVE CORP/OH/ Director's Dealing 2008

Aug 12, 2008

29822_dirs_2008-08-12_f847fbed-5740-459e-9eb8-31f8e55940e6.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: PROGRESSIVE CORP/OH/ (PGR)
CIK: 0000080661
Period of Report: 2008-08-08

Reporting Person: Krasowski Valerie A (Chief Human Resources Officer)

Holdings (Non-Derivative)

Security Shares Ownership
Common 38991. Direct
Common 13665.496 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
2001 Employee Option $6.9855 2010-12-31 Common (1400.) Direct
2002 Employee Option $11.8556 2011-12-31 Common (8218.) Direct

Footnotes

F1: These options vested in three equal annual installments on January 1, 2004, January 1, 2005 and January 1, 2006.

F2: These options vested in three equal installments on January 1, 2005, January 1, 2006 and January 1, 2007.