CINCINNATI FINANCIAL CORP - Director's Dealing 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CINCINNATI FINANCIAL CORP (CINF)
CIK: 0000020286
Period of Report: 2006-02-02

Reporting Person: POPPLEWELL DAVID H (PRESIDENT OF AFFILIATED CO.)

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-02	Employee Stock Option (right to buy)	$45.26	A	15000	Acquired	2016-02-02	Common Stock (15000)	Direct

Security	Shares	Ownership
Common Stock	23728	Direct
Common Stock 401K	409	Direct

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$38.8	2014-01-19	Common Stock (16538)	16538	Direct
Employee Stock Option (right to buy)	$41.6285	2015-01-25	Common Stock (15750)	15750	Direct
Stock Option	$23.95	2007-06-08	Common Stock (1676)	1676	Direct
Stock Option	$26.95	2010-01-25	Common Stock (14710)	14710	Direct
Stock Option	$30.6	2009-01-27	Common Stock (16538)	16538	Direct
Stock Option	$30.72	2008-08-24	Common Stock (11025)	11025	Direct
Stock Option	$32.45	2013-02-01	Common Stock (16538)	16538	Direct
Stock Option	$32.81	2011-01-31	Common Stock (16538)	16538	Direct
Stock Option	$34.96	2012-01-28	Common Stock (16538)	16538	Direct
Stock Option	$38.87	2008-02-06	Common Stock (16538)	16538	Direct

F2: The option is exercisable in three equal annual installments beginning on the first anniversary of the date of grant.

F1: Share amounts and exercise prices have been adjusted for a 5% Stock Dividend, record date April 6, 2005, paid April 26, 2005.