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Cincinnati Financial Corporation Declares Regular Quarterly Dividend
CINCINNATI, Aug 19, 2002 /PRNewswire/ -- Cincinnati Financial Corporation (Nasdaq: CINF) -- The Board of Directors met on August 16 and declared a 22-1/4 cent-per-share regular quarterly dividend payable October 15, 2002, to shareholders of record on September 25, 2002. The indicated annual dividend is 89 cents per share.

"Cincinnati Financial has a long record of increasing dividends on an annual basis," said Chairman and Chief Executive Officer John J. Schiff, Jr., CPCU. "For 41 consecutive years, our Board has rewarded shareholders with increases, and with this regular quarterly payout, we're well on our way to making it 42 consecutive years. Given today's market fluctuations, we believe that record adds even more value for investors."

Cincinnati Financial Corporation offers property and casualty insurance, our main business, through The Cincinnati Insurance Company, The Cincinnati Indemnity Company and The Cincinnati Casualty Company. The Cincinnati Life Insurance Company markets life, disability income and long-term care insurance and annuities. CFC Investment Company supports the insurance subsidiaries and their independent agent representatives through commercial leasing and financing activities. CinFin Capital Management provides asset management services to institutions, corporations and individuals. For additional information, please visit our Web site at www.cinfin.com .

SOURCE Cincinnati Financial Corporation

CONTACT:          Kenneth W. Stecher, Chief Financial Officer of Cincinnati
                  Financial Corporation, +1-513-603-5236

URL:              http://www.cinfin.com

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