Exhibit 99.2

NEWS BULLETIN
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Old Republic International Corporation
307 North Michigan Avenue, Chicago, IL 60601-5382 312/346-8100
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For Further Information:

AT OLD REPUBLIC:                        AT FINANCIAL RELATIONS BOARD:
A.C. Zucaro                             George Zagoudis
Chairman & CEO                          General Information
(312) 346-8100                          (312) 640-6663
                                        gzagoudis@financialrelationsboard.com

AT FINANCIAL RELATIONS BOARD:           AT FINANCIAL RELATIONS BOARD:
Leslie Loyet                            Tim Grace
Analysts/Investors                      Media Inquiries
(312) 640-6672                          (312) 640-6667
lloyet@financialrelationsboard.com      tgrace@financialrelationsboard.com
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FOR IMMEDIATE RELEASE                                                 ORI:  NYSE
THURSDAY, MAY 12, 2005


                          OLD REPUBLIC DECLARES HIGHER
                          CASH DIVIDEND ON COMMON STOCK

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CHICAGO,  May 12, 2005 - The Board of Directors  of Old  Republic  International
Corporation  (NYSE:  ORI) today declared a quarterly cash dividend on the common
stock  of 17 cents  per  share.  This  dividend  is  payable  June  15,  2005 to
shareholders of record on June 3, 2005, and reflects an increase of 30.8 percent
over the rate that prevailed through March, 2005.

This latest dividend increase marks the twenty-fourth  consecutive year that Old
Republic  has boosted its cash  dividend  rate,  and it has paid cash  dividends
without interruption for 64 years.

About Old Republic

Chicago-based  Old Republic  International  Corporation is an insurance  holding
company  whose  subsidiaries  market,  underwrite  and provide  risk  management
services  for a wide  variety of  coverages,  principally  in the  property  and
liability,  mortgage guaranty and title insurance fields. One of the nation's 50
largest  publicly  owned  insurance  organizations,  Old  Republic has assets of
approximately  $10.6 billion and  capitalization  of $4.0  billion.  Its current
stock market valuation is approximately $4.3 billion.


For the latest news  releases  and other  corporate  documents  on Old  Republic
                    International visit www.oldrepublic.com




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