CINCINNATI FINANCIAL CORP — Director's Dealing 2013

May 3, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CINCINNATI FINANCIAL CORP (CINF)
CIK: 0000020286
Period of Report: 2013-05-01

Reporting Person: Sewell Michael J (CFO, Sr Vice Pres & Treasurer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-01	Phantom Stock Shares	$0	I	1050	Acquired		Common Stock (1050)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	16501	Direct

Footnotes

F1: The reported phantom stock shares were acquired under the company's top hat savings plan, an "Excess Benefits Plan" within the meaning of Rule 16b-3(b)(2), and are to be settled upon the reporting person's retirement or other termination of service. The reporting person may transfer the value of his phantom stock shares into an alternative investment selection within the plan.