PROGRESSIVE CORP

Ticker: PGR CUSIP: 743315103 Class: COM

CARLSON CAPITAL L P's Holding History (CIK: 0001056973)

Note: Option positions (PUT/CALL) are excluded.

Q2 2017

Shares 599,900 Value ($000) $26,450 Avg Close $32.08 Range $29.82 - $34.78

Q1 2017

Shares 390,000 Value ($000) $15,280 Avg Close $29.31 Range $26.72 - $31.47

Q2 2015

Shares 462,555 Value ($000) $12,873 Avg Close $20.09 Range $19.48 - $21.00

Q1 2015

Shares 830,790 Value ($000) $22,597 Avg Close $19.50 Range $18.59 - $20.56

Q4 2014

Shares 861,280 Value ($000) $23,246 Avg Close $18.92 Range $17.33 - $19.74

Q3 2014

Shares 628,600 Value ($000) $15,891 Avg Close $17.67 Range $16.64 - $18.38

Q4 2013

Shares 730,574 Value ($000) $19,923 Avg Close $18.18 Range $17.40 - $19.24

Q3 2013

Shares 1,006,713 Value ($000) $27,413 Avg Close $17.48 Range $16.76 - $18.57

Q2 2013

Shares 1,246,853 Value ($000) $31,695 Avg Close $17.04 Range $16.17 - $17.79

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2017	599,900	$26,450	$32.08	$29.82 - $34.78
Q1 2017	390,000	$15,280	$29.31	$26.72 - $31.47
Q2 2015	462,555	$12,873	$20.09	$19.48 - $21.00
Q1 2015	830,790	$22,597	$19.50	$18.59 - $20.56
Q4 2014	861,280	$23,246	$18.92	$17.33 - $19.74
Q3 2014	628,600	$15,891	$17.67	$16.64 - $18.38
Q4 2013	730,574	$19,923	$18.18	$17.40 - $19.24
Q3 2013	1,006,713	$27,413	$17.48	$16.76 - $18.57
Q2 2013	1,246,853	$31,695	$17.04	$16.17 - $17.79