Wolf Haldenstein Adler Freeman and Herz LLP Commences Class Action Lawsuit on Behalf of the St. Paul Travelers Companies, Inc. S

Wolf Haldenstein Adler Freeman and Herz LLP Commences Class
Action Lawsuit on Behalf of the St. Paul Travelers Companies, Inc. Shareholders



NEW YORK, Nov. 3  /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP
filed a class action lawsuit in the United States District Court for the
District of Minnesota, on behalf of all persons who purchased the securities of
The St. Paul Travelers Companies, Inc. ("St. Paul" or the "Company") (NYSE:
STA) between January 27, 2000 and October 22, 2004, inclusive, (the "Class
Period") against defendants St. Paul and certain officers and directors of the
Company.

A copy of the complaint filed in this action is available from the Court, or
can be viewed on the Wolf Haldenstein Adler Freeman & Herz LLP website at
http://www.whafh.com/.

The complaint alleges that defendants violated the federal securities laws by
issuing materially false and misleading statements throughout the Class Period
that had the effect of artificially inflating the market price of the Company's
securities.

The Complaint alleges that during the Class Period defendants made statements
that were materially false and misleading because they failed to disclose and
misrepresented the following adverse facts:  (a) the Company had implemented
and executed an unsustainable business practice whereby the Company designed
and executed a business plan under which it agreed to pay so- called
"contingent commissions" to insurance brokers to have them steer business to
St. Paul and shield St. Paul from competition; (b) the Company's illicit scheme
exposed the Company to significant regulatory penalties and threatened loss of
consumer goodwill jeopardizing the Company's ability to sustain any performance
in its legitimate business practices; (c) the Company's revenues and earnings
would have been significantly less had the Company not engaged in such unlawful
practices; (d) and the Company's prospects were at risk because its business
and revenue could and would not be sustained when the public learned of its
unlawful practice alleged herein.

If you purchased St. Paul securities during the Class Period, you may request
that the Court appoint you as lead plaintiff by January 3, 2005.  A lead
plaintiff is a representative party that acts on behalf of other class members
in directing the litigation. In order to be appointed lead plaintiff, the Court
must determine that the class member's claim is typical of the claims of other
class members, and that the class member will adequately represent the class. 
Under certain circumstances, one or more class members may together serve as
"lead plaintiff." Your ability to share in any recovery is not, however,
affected by the decision whether or not to serve as a lead plaintiff.  You may
retain Wolf Haldenstein, or other counsel of your choice, to serve as your
counsel in this action.

Wolf Haldenstein has extensive experience in the prosecution of securities
class actions and derivative litigation in state and federal trial and
appellate courts across the country.  The firm has approximately 60 attorneys
in various practice areas; and offices in Chicago, New York City, San Diego,
and West Palm Beach.  The reputation and expertise of this firm in shareholder
and other class litigation has been repeatedly recognized by the courts, which
have appointed it to major positions in complex securities multi-district and
consolidated litigation.

If you wish to discuss this action or have any questions, please contact Wolf
Haldenstein Adler Freeman & Herz LLP at 270 Madison Avenue, New York, New York
10016, by telephone at [phone] (Fred Taylor Isquith, Esq., Mark C.
Rifkin, Esq., Gustavo Bruckner, Esq., Christopher S. Hinton, Esq., or Derek
Behnke), via e-mail at  or visit our website at http://www.whafh.com/. All
e-mail correspondence should make reference to St. Paul. 

DATASOURCE: Wolf Haldenstein Adler Freeman & Herz LLP



CONTACT:  Fred Taylor Isquith, Esq., Mark C. Rifkin, Esq., Gustavo

Bruckner, Esq., Christopher S. Hinton, Esq., or Derek Behnke, all of Wolf

Haldenstein Adler Freeman & Herz LLP, 1-800-575-0735, or





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

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