Cincinnati Financial Declares Dividend

November 21, 2005

Cincinnati Financial Corporation's board of directors has declared a 30-1/2 cents per share regular quarterly cash dividend payable Jan. 17, 2006, to shareholders of record on Dec. 23, 2005. In January, the board raised the 2005 indicated annual cash dividend payout by 15 percent, including the effect of the 5 percent stock dividend distributed in April.

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.