PMA Capital to Speak at The Wall Street Analyst Forum's 45th Institutional Investor Conference.

Business Editors

PHILADELPHIA--(BUSINESS WIRE)--Sept. 6, 2002

PMA Capital Corporation (NASDAQ:PMACA) today announced that John Smithson, President and Chief Executive Officer, and Bill Hitselberger, Senior Vice President and Chief Financial Officer, will make a presentation to analysts and portfolio managers at The Wall Street Analyst Forum's 45th Institutional Investor Conference in New York City on Tuesday, September 10, 2002 at approximately 9:40 a.m. Eastern time. Analysts and portfolio managers who wish to attend the presentation should contact The Wall Street Analyst Forum at 802.253.7596 to request additional information.

Investors, analysts and the general public are invited to listen to a live webcast of this presentation free of charge over the Internet. The live audio webcast of PMA Capital's presentation can be accessed at www.pmacapital.com. Enter through the Investor Information page, clicking on News Releases to find this announcement and then clicking on the microphone icon next to this release. In addition, a copy of PMA Capital's presentation materials will be available through this same link. An archive of the presentation will be available for approximately two weeks via our website.

During the conference, Mr. Smithson will provide an overview of PMA Capital's operations and discuss the current market for the Company's specialty insurance and reinsurance products. In addition, Mr. Smithson expects to confirm the business outlook for 2002 previously provided in the Company's second quarter 2002 earnings release dated July 30, 2002, which was filed on Form 8-K with the Securities and Exchange Commission. After Mr. Smithson's prepared remarks, he and Mr. Hitselberger will take questions.

Anyone listening to PMA Capital's presentation will be presumed to have read PMA Capital's Annual Report on Form 10-K for the year ended December 31, 2001 and Quarterly Report on Form 10-Q for the six months ended June 30, 2002 and the Company's second quarter 2002 earnings release, including the discussion under the caption "Cautionary Statements."

Certain statements made during PMA Capital's presentation may constitute forward-looking statements for purposes of safe harbor provisions under The Private Securities Litigation and Reform Act of 1995. Actual results may differ materially from those projected in the forward-looking statements as a result of various factors, including those discussed in the Company's earnings releases and periodic filings with the SEC.

PMA Capital Corporation, headquartered in Philadelphia, Pennsylvania, is an insurance holding company, whose operating subsidiaries provide specialty risk management products and services to customers throughout the United States. The primary product lines of PMA Capital's subsidiaries include property and casualty reinsurance, underwritten and marketed through PMA Re, and workers' compensation, integrated disability and other commercial property and casualty lines of insurance in the eastern part of the United States, underwritten and marketed under the trade name The PMA Insurance Group.

For additional information about PMA Capital and its specialty insurance businesses, please contact Investor Relations at 215.665.5046 or visit us at www.pmacapital.com.