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Travelers Property Casualty 4.50% Conv Junior Subordinated Notes due 4/15/2032
Ticker Symbol: TPK*     CUSIP: 89420G307     Exchange: NYSE
* NOTE: This security is no longer trading as of 4/18/2007

Security has been Called for:  Wednesday, April 18, 2007

March 13, 2007 -- The Travelers Companies, Inc. has called for redemption all of its outstanding 4.50% Convertible Junior Subordinated Notes due 2032. The Notes (CUSIP 89420G307) trade on the New York Stock Exchange under the symbol "TPK". The Notes were originally issued by Travelers Property Casualty Corp. The Travelers Companies, Inc. assumed certain obligations relating to the Notes pursuant to a Second Supplemental Indenture dated April 1, 2004. Each Note has a principal amount of $25.00. The redemption date will be April 18, 2007, and the redemption price for each Note will be $25.5625 plus $0.009375 of accrued and unpaid interest. The normal quarterly interest payment to be paid on April 16, 2007, will be paid to record holders of April 1, 2007, in the amount of $0.28125 per Note. Any Note called for redemption may be surrendered for conversion into common stock before the close of business on April 17, 2007. Each Note is convertible into 0.4684 shares of common stock of The Travelers Companies, Inc. Beneficial owners who hold their Notes through The Depository Trust Company (DTC) should surrender their Notes for conversion through DTC's facilities in accordance with DTC's procedures. __________ From page 152 of the 10-K filed with the SEC on 2/27/2006 by St. Paul Travelers Companies, Inc. (NYSE: STA): The notes are now convertible into shares of St. Paul Travelers Cos., Inc. (NYSE: STA) common stock at a conversion rate of 0.4684 shares of common stock for each $25.00 principal amount of notes (equivalent to an initial conversion price of $53.37 per share of St. Paul Travelers Cos., Inc. common stock), subject to adjustment in certain events.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Travelers Property Casualty Corp., now part of St. Paul Travelers Cos., Inc. (NYSE: STA), 4.5% Convertible Junior Subordinated Notes due 2032, issued in $25 denominations, redeemable at the issuer's option on or after 4/18/2007 at $25 per share plus accrued and unpaid interest, maturing 4/15/2032, distributions of 4.50% ($1.125) per annum are paid quarterly on 1/15, 4/15, 7/15 & 10/15 to holders of record on 1/1, 4/1, 7/1 & 10/1 respectively. The company has the right, at any time, to defer interest payments for up to 20 consecutive quarters (but not beyond the maturity date). The notes were originally convertible into 1.0808 shares of class a common stock (an initial conversion price of $23.13 per share) any time after 3/27/2003 if the price is more than 20% above the conversion price. See the note below for information of the current conversion rate. See the IPO prospectus for further information on the notes and conversion provisions by clicking on the ‘Link to IPO Prospectus’ provided below.
Stock
Exchange
Cpn Rate
Ann Amt
LiqPref
CallPrice
Call Date
Matur Date
Moodys/S&P
Dated
Conv Shrs
Conv Price
Distribution Dates 15%
Tax Rate
NYSE
Chart
4.50%
$1.125
$25.00
$25.00
Called for
4/18/2007

4/15/2032
Baa1 BBB-
12/29/2005
0.4684
$53.37
1/15, 4/15, 7/15 & 10/15
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
No

Go to Parent Company's Record (TRV)

IPO - 3/22/2002 - 34.00 Million Notes @ $25.00/note.    Link to IPO Prospectus
Market Value $823.0 Million

Company's Online Information Links
HOME PAGE:     http://www.stpaul.com/
Company's Investor Relations Information Go to Investor Relations Information
Company's Online News Releases Go to News Releases
Online Company Profile Go to Online Profile

Company's Online SEC EDGAR Filings
Company's SEC EDGAR Filings Go to SEC Filings

Company's Email Address Links
Email Address laura.gagnon@stpaul.com
Email Contact Form on Website Go to Email Form

Address and Phone Numbers
Address:   385 Washington Street, St. Paul, MN 55102
Main Phone Number 651-310-7911
Fax Number 651-310-3386
Investor Relations   Laura Gagnon 800-328-2189   Ext: 7696
Toll Free Phone Number 800-328-2189
CEO - Jay S. Fishman CFO - Thomas A. Bradley

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