RUTX Republic Companies

DALLAS, June 1 /PRNewswire-FirstCall/ -- Republic Companies Group, Inc. (NASDAQ:RUTX) ("Republic") today announced that its Board of Directors has declared a quarterly common stock dividend of 12 cents per share payable on July 14, 2006 to shareholders of record at the close of business on June 29, 2006. To review investor materials, please visit the Investor Relations section of the company's website at http://www.republicgroup.com/ . About Republic Republic Companies Group, Inc., through a group of insurance companies and related entities, provides personal and commercial property and casualty insurance products to individuals and small to medium-size businesses primarily in Texas, Louisiana, Oklahoma and New Mexico. This focus on a large, rapidly growing region allows Republic to participate in profitable underserved niche opportunities. We have written insurance in Texas consistently throughout our entire 102-year history and have developed deep market knowledge and a loyal network of independent agents and managing general agents who provide us with access to what we believe are among the most profitable clients and market segments. Our rating of A- (Excellent) by A.M. Best Company, Inc. with a stable outlook was recently reaffirmed. We completed our Initial Public Offering in early August 2005. http://www.newscom.com/cgi-bin/prnh/20050801/REPUBLICLOGO http://photoarchive.ap.org/ DATASOURCE: Republic Companies Group, Inc. CONTACT: Michael E. Ditto, Esq., Vice President, General Counsel and Secretary of Republic Companies Group, Inc., +1-972-788-6000 Web site: http://www.republicgroup.com/

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