X0202 4 2006-01-16 0 0001042046 AMERICAN FINANCIAL GROUP INC AFG 0000943521 LINDNER CARL H ONE EAST FOURTH STREET CINCINNATI OH 45202 1 1 1 0 Chairman of the Board Common Stock 2006-03-21 5 J 0 E 170 0.00 A 170 D Common Stock 2006-01-16 5 G 0 E 2548 0.00 D 6767807 I Indirect #1 Common Stock 2006-01-20 5 G 0 E 107512 0.00 D 6660295 I Indirect #1 Common Stock 2006-01-25 5 P 0 E 25586 36.384 A 6685880 I Indirect #1 Common Stock 2006-01-27 5 G 0 E 19669 0.00 D 6666213 I Indirect #1 Common Stock 2006-02-03 5 G 0 E 1276 0.00 D 6664937 I Indirect #1 Common Stock 2006-02-07 5 G 0 E 13272 0.00 D 6651665 I Indirect #1 Common Stock 2006-02-20 5 G 0 E 2527 0.00 D 6649138 I Indirect #1 Common Stock 2006-02-24 5 G 0 E 21244 0.00 D 6627894 I Indirect #1 Common Stock 2006-03-02 5 G 0 E 31330 0.00 D 6596564 I Indirect #1 Common Stock 2006-03-03 5 G 0 E 72219 0.00 D 6524345 I Indirect #1 Common Stock 2006-03-06 5 G 0 E 10404 0.00 D 6513941 I Indirect #1 Common Stock 2006-01-25 5 P 0 E 2788.161 36.384 A 740565 I Indirect #2 Common Stock 2006-01-25 5 P 0 E 5100.356 36.384 A 1354710 I Indirect #3 Common Stock 2006-01-25 5 P 0 E 10.388 36.384 A 2759 I Indirect #4 Common Stock 2517993 I Indirect #8 Distribution from the Reporting Person's retirement account. Indirect #1: By Carl H. Lindner Jr., et al., TTEE for the CHL Amended and Restated Family Trust dated 12/23/83. These are shares issued through the Company's dividend reinvestment plan. On Januay 16, 2006, Indirect #8 transferred 159,236 shares of AFG Common Stock to Indirect #2. Indirect #2: By Edyth B. Lindner, Spouse. Indirect #3: EBL TTEE of the Edyth B. Lindner Family Trust dated 4/13/04. Indirect #4: By Carl H. Lindner, Jr., et al, Trustee for the CHL Amended and Restated Family Trust dated 1/22/82. Indirect #8: By Joseph A. Pedoto, TTEE of the Edyth B. Lindner 2005-1 Qualified Annuity Trust dated 4/26/2005. Carl H. Lindner, By: Karl J. Grafe, as Attorney-in-Fact 2006-03-23