Mercury General Corporation to Report First Quarter Results on May 3, 2004

Mercury General Corporation (NYSE: MCY) announces the following Webcast:

   What:     Mercury General 2004 First Quarter Results

   When:     Monday, May 3, 2004 @ 1:00 p.m. EDT

   Where:    http://www.firstcallevents.com/service/ajwz405632284gf12.html

   How:      Live over the Internet -- Simply log on to the web at the
             address above.

   Contact:  Judy Walters of Mercury General Corporation, 323-857-7140.

If you are unable to participate during the live webcast, the call will be archived on the Web site http://www.mercuryinsurance.com/. To access the Web site replay, go to Investor Relations and click on Conference Calls.

Mercury General (NYSE: MCY) is the leading independent agency writer of automobile insurance in California and has been one of the fastest growing automobile insurers in the nation. It is ranked as the sixth largest among all insurers in California, with total assets over $3 billion. Automobile insurance is also written in Florida, Georgia, Texas, Illinois, Oklahoma, New York, Virginia and New Jersey.

(Minimum Requirements to listen to broadcast:

The Windows Media Player software, downloadable free from http://www.microsoft.com/windows/windowsmedia/EN/default.asp and at least a 28.8 Kbps connection to the Internet. If you experience problems listening to the broadcast, send an email to webcastsupport@tfprn.com.)

Audio: http://www.firstcallevents.com/service/ajwz405632284gf12.html

SOURCE: Mercury General Corporation

CONTACT: Judy Walters of Mercury General Corporation, +1-323-857-7140

Web site: http://www.mercuryinsurance.com/