Parker W. Rush, President and Chief Executive Officer of Republic Companies Group, Inc.,
Rings The NASDAQ Stock Market Closeing Bell

Wednesday, August 2, 2006
at NASDAQ's MarketSite
in New York City.

Parker W. Rush, President and Chief Executive Officer of Republic Companies Group, Inc.

Parker W. Rush, President and Chief Executive Officer of Republic Companies Group, Inc. (RUTX) presides over the closing bell to celebrate its one year anniversary on the NASDAQ.

Republic Companies Group, Inc., through a group of insurance companies and related entities, provides personal and commercial property and casualty insurance products. In its Independent Agents segments, Republic distributes these products to individuals and small to medium-size businesses through a network of independent agents primarily in Texas, Louisiana, Oklahoma, and New Mexico. In its Program Management and Insurance Services segments Republic capitalizes on its unique combination of charters and licenses to develop and manage target-niche insurance products that are distributed through managing general agents not only in the southwestern states but also in many additional states. This focus allows Republic to participate in profitable underserved niche opportunities primarily in rural and small to medium-size metropolitan areas. In our 102-year history we have developed a 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.
We are rated A- (Excellent) by A.M. Best Company, Inc. with a stable outlook. We completed our Initial Public Offering in early August 2005. Visit http://www.RepublicGroup.com for more information.

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Click for larger pictures of the NASDAQ MarketSite. Additional Photographs for 8/2/2006 Download Hi-Res Quality Photo of this NASDAQ Market Close - Pictured: Parker W. Rush, President and Chief Executive Officer of Republic Companies Group, Inc., rings the Closing Bell These photos are Copyright 2006, The Nasdaq Stock Market Inc. and available for re-publication by the news media only. Any commercial use is strictly prohibited without the prior written consent of The Nasdaq Stock Market Inc. © Copyright 2006, The NASDAQ Stock Market, Inc. Reprinted with the permission of The Nasdaq Stock Market, Inc.