Ohio Casualty Corporation Announces Increase in Dividend

Business Wire, Feb 20, 2007

FAIRFIELD, Ohio -- The Directors of Ohio Casualty Corporation (NASDAQ:OCAS) today declared a $0.04 increase in the regular dividend to $0.13 per share, payable March 12, 2007, to shareholders of record on March 1, 2007.

"We are pleased to significantly increase our dividend for the second year in a row," commented Corporation President and Chief Executive Officer Dan R. Carmichael, CPCU. "This action is reflective of our excellent results for the last three years."

Corporate Profile

Ohio Casualty Corporation is the holding company of The Ohio Casualty Insurance Company, which is one of six property-casualty insurance 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 2006). 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 December 31, 2006.