State Auto Financial to Present at Friedman, Billings, Ramsey's 10th Annual Investor Conference

COLUMBUS, Ohio--Nov. 25, 2003--State Auto Financial Corporation today announced it will present at the Friedman, Billings, Ramsey 10th Annual Investor Conference, to be held Dec. 2, 2003 and 3, 2003 at the Executive Conference Center of the Sheraton New York Hotel & Towers. Chairman and CEO Robert H. Moone along with Treasurer and CFO Steve Johnston will present an update on State Auto Financial Corporation on Tuesday, Dec. 2, 2003, from 4:20 to 4:50 p.m. EST.

The presentation can be heard live at http://www.fbrcorp.com/conf2003. Select Webcast from the side menu then click on the STFC ticker symbol. The presentation will be archived for 90 days.

State Auto Financial Corporation is a regional property and casualty insurance holding company engaged primarily in writing both personal and commercial lines of insurance. The company currently markets its products through more than 22,000 independent agents associated with approximately 3,400 agencies in 26 central and eastern states, excluding New York, New Jersey and the New England states.