CINCINNATI FINANCIAL CORP — Director's Dealing 2014

May 5, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CINCINNATI FINANCIAL CORP (CINF)
CIK: 0000020286
Period of Report: 2014-05-01

Reporting Person: MATHEWS ERIC N (Principal Acctg Officer, SVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-01	Common Stock	M	2500	$41.62	Acquired	41772	Direct
2014-05-01	Common Stock	F	2248	$48.78	Disposed	39524	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-01	Employee Stock Option (Right to Buy)	$41.62	M	2500	Disposed	2015-01-25	Common Stock (2500)	Direct

Footnotes

F1: The option vests in three equal installments beginning on the first anniversary of the date of grant.