American Financial Group Promotes Karl J. Grafe To Vice President

American Financial Group Promotes Karl J. Grafe To Vice President



CINCINNATI, Aug. 11  /PRNewswire-FirstCall/ -- American Financial Group
(NYSE:AFG) (NASDAQ:AFG) announced that Karl J. Grafe has been named a Vice
President of American Financial Group. Mr. Grafe joined AFG in October of 1987
as an attorney in the General Counsel's Office, having previously worked as an
associate in the Dayton, Ohio office of the law firm of Smith & Schnacke.  He
has served as an Assistant General Counsel and Assistant Secretary of the
Company since July 1997.  During his tenure with AFG, he has been involved in
acquisitions, divestitures and numerous capital transactions.

Mr. Grafe received a Bachelor of Arts degree from the University of Cincinnati
in 1982 and a J.D. degree from the same institution in 1985.  He is a member of
the Cincinnati Bar Association, the Ohio Bar Association and the American Bar
Association.

Through the operations of the Great American Insurance Group, AFG is engaged
primarily in property and casualty insurance, focusing on specialized
commercial products for businesses, and in the sale of retirement annuities,
life and supplemental health insurance products. 

DATASOURCE: American Financial Group



CONTACT:  Anne N. Watson, Vice President of American Financial Group,

[phone]



Web site:  http://www.amfnl.com/

http://www.afginc.com/

http://www.greatamericaninsurance.com/ 

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