Press Release

American Financial Group Management to Present at the Credit Suisse First Boston Insurance Conference

CINCINNATI, Ohio, Nov 09, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- American Financial Group, Inc. (NYSE: AFG; Nasdaq) announced today that Carl H. Lindner III, Co- Chief Executive Officer, and Keith A. Jensen, Senior Vice President and Chief Financial Officer, will make a company presentation at the Credit Suisse First Boston (CSFB) Insurance Conference at CSFB's One Madison Avenue office in New York City, on Tuesday, November 15, 2005 at 9:00 AM.

(Logo: http://www.newscom.com/cgi-bin/prnh/20041208/CLW086LOGO)

Their presentation will be broadcast live over the Internet via the Webcast link below within the Investor Relations section of AFG's website, www.afginc.com.

(http://w.on24.com/r.htm?e=17666&s=3&k=8794C94995501061B8505818344784D1)

A replay of the broadcast will be available for 30 days at the same website approximately 24 hours after the presentation.

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, supplemental insurance and life products.

Web Sites: www.afginc.com

www.GreatAmericanInsurance.com

SOURCE American Financial Group, Inc.

Anne N. Watson, Vice President-Investor Relations of American Financial Group, Inc.,
+1-513-579-6652

http://www.prnewswire.com