Erie Indemnity Approves Increased Fundsof up to $150M for Share Repurchase Program

At its regular meeting held October 26, 2011, the Board of Directors of Erie Indemnity Company

reauthorized the Company's share repurchase program and approved $150 million in repurchase authority under the program. The repurchase authority is effective immediately and includes, and is not in addition to, any unspent amounts remaining under the prior authorization. As of October 20, 2011, there was approximately $5 million remaining under the prior authorization. Under the share repurchase program, the Company may repurchase up to $150 million of its outstanding Class A common stock from time to time, at times and in a manner and amounts that the Company deems appropriate, depending on prevailing market conditions and alternative uses of the Company's capital.