Harleysville Group Continues Perfect Quarterly Dividend Record

The Harleysville Group Inc. Board of Directors has declared a regular quarterly cash dividend of 11.5 cents per share, payable June 30, 1998, to shareholders of record on June 15, 1998. This marks the 48th consecutive quarter Harleysville Group has paid a dividend, dating back to when the company went public in 1986.

Harleysville Group is a holding company for nine regional property and casualty insurance companies whose marketing territory encompasses 31 states in the eastern half of the United States. The companies include: Great Oaks Insurance Company, Harleysville-Atlantic Insurance Company, Harleysville Insurance Company of New Jersey, Huron Insurance Company, Lake States Insurance Company, Mid-America Insurance Company, Minnesota Fire and Casualty Company, New York Casualty Insurance Company and Worcester Insurance Company. Additionally, the company owns two limited partnerships: Harleysville Asset Management, L.P. and Insurance Management Resources, L.P.