Cincinnati Financial Subsidiaries Appoint Directors, Officers and Counsel

CINCINNATI, Feb 3, 2003 /PRNewswire-FirstCall via COMTEX/ -- Cincinnati Financial Corporation (Nasdaq: CINF) announced today that boards of its subsidiary companies met February 1, 2003, and elected new directors, officers and counsel.

The board of CinFin Capital Management Company appointed Senior Vice President and Chief Insurance Officer James E. Benoski as a director. Benoski now serves on the boards of all six subsidiaries.

CinFin Capital Management Company board appointed Kenneth S. Miller, CLU, ChFC, president. Miller, who has been a director and executive vice president of CinFin Capital since 1998, also serves the insurance subsidiaries as senior vice president and CFC Investment Company as president and chief operating officer.

The boards of all four insurance subsidiaries appointed Miller as a director and member of their investment committees. He will serve on The Cincinnati Life Insurance Company's executive committee.

Boards of subsidiary companies made the following promotions and new appointments of officers and counsel:

    Property Casualty Insurance Subsidiaries:
    The Cincinnati Insurance Company
    The Cincinnati Casualty Company
    The Cincinnati Indemnity Company

    Gary J. Kline, CPCU, Vice President-Commercial Lines
    Charles E. Robinson, CPCU, Vice President-Field Claims
    Gary B. Stuart, CIC, Vice President-Sales & Marketing
    Ricky G. Baker, Assistant Vice President-Information Technology
    Michael E. Francois, Assistant Vice President-Sales & Marketing
    Scott A. Gilliam, Assistant Vice President-Government Relations
    David T. Groff, FCAS, Assistant Vice President-Staff Underwriting
    Jeffrey J. Grove, Assistant Vice President-Machinery & Equipment
      Specialties
    Kevin D. Oleckniche, ARM, CSP, Assistant Vice President-Loss Control
    Marc C. Phillips, CPCU, AIM, Assistant Vice President-Commercial Lines
    Stephen A. Ventre, CPCU, Assistant Vice President-Commercial Lines
    Rodney M. French, CPCU, AIC, AIM, ARe, Secretary-Commercial Lines
    Kevin L. Heflin, AIT, Secretary-Information Technology
    Anthony E. Henn, CPCU, AIM, AIT, ARe, AAM, Secretary-Commercial Lines
    Sharon K. Larrick, CPIW, Secretary-Staff Underwriting
    Jack Morgan, CFE, Secretary-Headquarters Claims
    Matthew A. Zimmerman, Secretary-Research & Development
    C. Duane Cantrell, Assistant Secretary-Machinery & Equipment Specialties
    William M. Clevidence, Assistant Secretary-Sales & Marketing
    David F. Hartkemeier, Assistant Secretary-Bond & Executive Risk
    Michael W. Klenk, Assistant Secretary-Commercial Lines
    Doris J. Kuhling, CPCU, AIM, Assistant Secretary-Headquarters Claims
    Timothy D. Morris, CPCU, APA, Assistant Secretary-Premium Audit
    Janet L. Partin, Assistant Secretary-Premium Audit
    Darren E. Rutledge, AIC, Assistant Secretary-Headquarters Claims
    Franklyn T. Shaut, Assistant Secretary-Staff Underwriting
    Richard J. Taphorn, CPCU, AIM, Assistant Secretary-Staff Underwriting
    Daniel R. Walsh, Assistant Secretary-Headquarters Claims
    Wendy A. Pace, CPA, Assistant Treasurer-Corporate Accounting

    Lisa A. Love, Senior Counsel
    David J. Balzano, Associate Counsel
    James T. Perry, Associate Counsel

    The Cincinnati Life Insurance Company:

    Douglas A. Bogenreif, CLU, Vice President-Life Marketing Administration
    Ricky G. Baker*
    Scott A. Gilliam*
    James B. Stark, CLU, ChFC, Assistant Secretary-Life Marketing
      Administration

    Lisa A. Love*
    David J. Balzano*
    James T. Perry*

    CinFin Capital Management Company:

    Kenneth S. Miller, CLU, ChFC, President

    * Title as listed above.

Cincinnati Financial Corporation offers property 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 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 Company 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:          Gregory J. Ziegler, Vice President-Personnel of Cincinnati
                  Financial Corporation, +1-513-870-2166

URL:              www.cinfin.com

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