X0202 4 2005-04-25 0000086104 SAFECO CORP SAFC 0001196460 HUTTON TOM 800 EL CAMINO REAL SUITE 220 MENLO PARK CA 94025 1 0 0 0 Phantom Stock Units 2005-04-25 4 A 0 4.607 32.04 A Common Stock 4.607 1100.595 D Phantom Stock Units 2005-04-25 4 A 0 .077 32.04 A Common Stock .077 1100.672 D These Phantom Stock Units may be converted to shares of Safeco stock as follows: The number of Phantom Stock Units acquired multiplied by the price of Phantom Stock Units on the transaction date divided by the closing price of Safeco stock on the transaction date. These Phantom Stock Units accrued under the Safeco Corporation Deferred Compensation Plan for Directors (the "Plan") and will be settled in cash following termination of the reporting person's service as a director of Safeco Corporation or may be reallocated to another investment option pursuant to the terms of the Plan. These Phantom Stock Units accrued under the Plan from dividends received on restricted stock rights held by the reporting person and will be settled in cash following termination of the reporting person's service as a director of Safeco Corporation or may be reallocated to another investment option pursuant to the terms of the Plan. SoYoung Kwon, Attorney in Fact for G. Thompson Hutton 2005-04-27