State Auto Financial to Present at Keefe, Bruyette & Woods Insurance Conference

COLUMBUS, Ohio--Aug. 28, 2006--State Auto Financial Corporation today announced that it will be a presenting company at the Keefe, Bruyette & Woods Insurance Conference, to be held Sept 6-7, 2006, at the Sheraton Hotel & Towers in New York City. Chairman and CEO Bob Restrepo will present an update on State Auto Financial Corporation on Tuesday, Sept. 7, 2006, from 3:50 to 4:30 p.m. Eastern Time.

State Auto Financial's presentation is being webcast and can be accessed at www.kbw.com/news/conference_insurance.html.

State Auto Financial Corporation, headquartered in Columbus, Ohio, is a property and casualty insurance holding company. The company markets its personal and commercial insurance products through more than 22,500 independent insurance agents associated with approximately 3,000 agencies in 27 states. The company has been named Forbes Magazine's "Best Managed Insurance Company in America" for 2006 and is one of just 3% of publicly traded companies to earn the Mergent Dividend Achiever Award for having increased its dividends for ten or more years in succession. The State Auto Insurance Companies are rated A+ (Superior) by the A.M. Best Company. Additional information on the company can be found on its web page at www.STFC.com.