Doreen Spadorcia Promoted to EVP, Claim and Thomas Kunkel Promoted to

    Business Editors

    SAINT PAUL, Minn.--(BUSINESS WIRE)--March 2, 2005--The St. Paul Travelers Companies, Inc. ("St. Paul Travelers," NYSE:STA) today announced that Doreen Spadorcia has been promoted to Executive Vice President, Claim, to lead the company's claim organization. In her new role, which reports to co-Chief Operating Officer Brian MacLean, Spadorcia has also been named to serve on the company's management committee.
    Most recently, Spadorcia was President and Chief Executive Officer of St. Paul Travelers Bond. Previously, she was President and Chief Executive Officer of Travelers Bond, a position she held since June 2002. From 1994 to 2002, Spadorcia managed the Travelers Bond Claim operation and served as General Counsel for the business unit, responsible for legal, regulatory and compliance matters. She joined Travelers in 1986 as an attorney in Claim.
    "Doreen's claim and legal experience, combined with her exceptional leadership skills, make her a highly respected member of the St. Paul Travelers executive leadership team," said MacLean. "We are very excited that the claim function will directly benefit from her talents, as will the rest of the company through her new role as a member of the company's executive management team."
    In a related move, the company has promoted Thomas Kunkel to President and Chief Executive Officer, Bond, leading the Bond business in the company's Specialty segment. In his new role, Kunkel reports to co-Chief Operating Officer Mike Miller.
    Since September 2003, Kunkel has been responsible for the Commercial Surety market segment within Bond. Kunkel joined the company in 1984 as an Account Executive in the Omaha office. He became Manager of the Iowa/Nebraska Bond Territory in 1990 and was promoted to Vice President in 1996, responsible for Bond operations in a five-state region. Beginning in 2001, he was Senior Vice President in charge of Construction Services Northeast/Midwest region and later assumed responsibilities for National Field Management in Bond, including Surety and Executive Liability.
    "Tom has a wealth of knowledge and experience in all facets of the bond business," said Miller. "As an accomplished industry and company veteran, Tom's talents will be instrumental in building on the company industry-leading heritage providing surety bonds, crime insurance, executive liability and professional liability insurance to our customers."
    St. Paul Travelers is a leading provider of property casualty insurance and asset management services. For more information, visit www.stpaultravelers.com.

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CONTACT: The St. Paul Travelers Companies, Inc., Saint Paul Media: Shane Boyd, 651-310-3846 Marlene Ibsen, 860-277-9039 Joan Palm, 651-310-2685 or Institutional Investors: Maria Olivo, 860-277-8330 David Punda, 212-588-8417 or Individual Investors: Marc Parr, 860-277-0779

KEYWORD: MINNESOTA INDUSTRY KEYWORD: INSURANCE BANKING MANAGEMENT CHANGES SOURCE: The St. Paul Travelers Companies, Inc.

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