2008-07-18 17:31:09 -

- In a new report, Fitch Ratings discusses the rating rationale for State Farm Automobile Insurance Company. Key rating issues covered in the report include: operating performance versus peers for both property/casualty and life insurance operations, capital adequacy, and management of catastrophe exposures.

To access this report, 'State Farm Mutual Automobile Insurance Company,' please visit www.fitchratings.com under Financial Institutions then Insurance then Research Highlights.

Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the

'Code of Conduct' section of this site.

Fitch Ratings
Douglas M. Pawlowski, CFA, +1-312-368-2054 (Chicago)
Gretchen K. Roetzer, +1-312-606-2327 (Chicago)
Kenneth Reed, +1-212-908-0540 (Media Relations, New York)