News Release

                                Webcast Alert

CINCINNATI, Jan. 16 /PRNewswire/ -- Cincinnati Financial Corporation (Nasdaq: CINF) invites you to listen to the live Internet broadcast of its conference call to discuss fourth quarter and year-end 2001 results on Wednesday, February 6, 2002, at 1:00 p.m. EST. Results for the quarter and full year will be released earlier that morning.

    What:   Cincinnati Financial Corporation Fourth-Quarter and Year-End 2001
            Results Conference Call

    When:   Wednesday, February 6, 2002 at 1:00 p.m. EST

    Where:  www.cinfin.com on the "Investors" page under "Calendar of Events"

    How:    Live over the Internet - Simply log on to the Web address above.
            Participants are encouraged to visit the Web site to test their
            systems for compatibility prior to the time of the call.

    Contact:  Bill Wherle or Amanda York, Dan Pinger Public Relations,
              513-564-0700 (note:  Any investors who have relocated or changed
              employers are encouraged to update their contact information at
              that time.)

About the Company: Cincinnati Financial Corporation offers property and casualty insurance, its main business, through The Cincinnati Insurance Company, The Cincinnati Indemnity Company and The Cincinnati Casualty Company. The Cincinnati Life Insurance Company markets life, long term care and disability income 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 the Company's Web site at www.cinfin.com .

Replay: If you are unable to listen to the live Webcast, a replay of the call will be available at www.cinfin.com beginning approximately two hours after the completion of the live call.

SOURCE Cincinnati Financial Corporation

CONTACT:          Bill Wherle or Amanda York of Dan Pinger Public Relations,
                  +1-513-564-0700

URL:              http://www.cinfin.com