X0303 5 2010-12-31 0 0 0 0001042046 AMERICAN FINANCIAL GROUP INC AFG 0000943521 LINDNER CARL H ONE EAST FOURTH STREET CINCINNATI OH 45202 1 0 1 1 Chairman of the Board Common Stock 1466819 I #3 Common Stock 2010-12-21 5 G 0 800 0.00 D 1047132 I #4 Common Stock 2010-12-28 5 G 0 1288 0.00 D 1045844 I #4 Common Stock 0 I #6 Common Stock 0 I #7 Common Stock 4117093 I #8 Common Stock 4116088 I #9 Phantom Stock Common Stock 81173.7596 81173.7596 D Phantom Stock Common Stock 20844.8342 20844.8342 D On 12/31/2010 Indirect #8 transferred 231,387 shares of common stock to Indirect #3 and Indirect #9 transferred 231,288 shares of common stock to Indirect #3. Indirect #3: EBL TTEE of the Edyth B. Lindner Family Trust Dated 4/13/04. Indirect #4: By Carl H. Lindner, Jr., et al. TTEE of the CHL amended and Restated Family Trust dated 1/22/82. Indirect #6: EBL 2008-1 Qualified Annuity Trust dtd 7/21/08. Indirect #7: EBL 2009-1 Qualified Annuity Trust dtd 3/31/2009. Indirect #8: EBL 2010-1 Qualified Annuity Trust dtd 4/8/2010. Indirect #9: EBL 2010-2 Qualified Annuity Trust dtd 4/8/2010. Represents amounts held by the Reporting Person in the Issuer's retirement plan. Each share is the economic equivalent of one share of common stock. Upon termination of employment or earlier, if so elected, the Reporting Person's account balance may be distributed, at the option of the Issuer, either in cash or in shares of the Issuer's common stock. Represents amounts deferred by the Reporting Person in the Issuer's Deferred Compensation Plan. The account value increases or decreases based on the value of the Issuer's common stock. Upon termination of employment or earlier, if so elected, the Reporting Person's account balance may be distributed, at the option of the Issuer, either in cash or in shares of the Issuer's common stock. Carl H. Lindner, Jr. By: Karl J. Grafe, as Attorney-in-Fact 2011-02-08