Ohio Casualty Corporation Shareholders Approve Proposed Merger Transaction With Liberty Mutual

  
    
  
  
    
      The shareholders of Ohio Casualty Corporation (NASDAQ:OCAS) today 
      approved a proposal to adopt the Agreement and Plan of Merger dated May 
      6, 2007 among Liberty Mutual Insurance Company, Waterfall Merger Corp. 
      and Ohio Casualty Corporation.
    
    
      The proposed transaction is also subject to approval from the 
      Departments of Insurance in the states of Indiana and Ohio. Following 
      these approvals, it is anticipated that the transaction will close 
      during the third quarter 2007.
    
    
      Corporate Profile
    
    
      Ohio Casualty Corporation is the holding company of The Ohio Casualty 
      Insurance Company, which is one of six property-casualty subsidiary 
      companies that make up Ohio Casualty Group, collectively referred to as 
      Consolidated Corporation. The Ohio Casualty Insurance Company was 
      founded in 1919 and is licensed in 49 states. Ohio Casualty Group is 
      ranked 50th among U.S. property/casualty insurance groups based on net 
      premiums written (Best’s Review, July 
      2007). The Group’s member companies write 
      auto, home and business insurance. Ohio Casualty Corporation trades on 
      the NASDAQ Stock Market under the symbol OCAS and had assets of 
      approximately $5.7 billion as of June 30, 2007.