X0202 4 2006-12-08 0000716133 CINCINNATI BELL INC CBB 0001322724 Freyberger Kurt 221 E. FOURTH STREET CINCINNATI OH 45202 0 1 0 0 Vice President Common Stock 894.544 I By Trustee of 401K Option to Buy 4.21 2006-03-31 2015-03-31 Common Stock 15000 15000 D Option to Buy 3.995 2005-12-01 2015-12-01 Common Stock 20000 20000 D Option to Buy 4.735 2006-12-08 4 A 0 25000 A 2007-12-08 2016-12-08 Common Stock 25000 25000 D Represents number of CBB common shares held in reporting person's 401(k) plan account statement dated as of the date of this report. Option shares granted under the Cincinnati Bell Inc. 1997 Long Term Incentive Plan which is a Rule 16b-3 Plan. Options vest upon grant. Options granted on December 1, 2005 are fully vested upon grant. Shares purchased upon exercise of such options are subject to sale restrictions until the reporting person terminates employment with the Company as follows: 28% of shares purchased may be sold on or after December 1, 2006. Thereafter, an additional 3% of shares purchased per month for the remaining 24 months may be sold. Options expire ten years from grant date. Options have a 3 year vesting schedule: 28% one year from grant date and 3% for each of the remaining 24 months. Options expire ten years from grant date. Reporting person will pay option price at time of exercise. Christopher J. Wilson, Attorney-in-Fact for Kurt A. Freyberger 2006-12-11