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

COLUMBUS, Ohio, Aug. 23, 2007 (PRIME NEWSWIRE) — State Auto Financial Corporation (Nasdaq:STFC) today announced that it will be a presenting company at the Keefe, Bruyette & Woods Insurance Conference, to be held Sept 4-5, 2007, at the Waldorf Astoria Hotel in New York City. Chairman and CEO Bob Restrepo will present an update on State Auto Financial Corporation on Wednesday, Sept. 5, 2007, from 7:30 to 8:00 a.m. Eastern Time.

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

State Auto Financial Corporation, headquartered in Columbus, Ohio, is a super regional property and casualty insurance holding company. STFC stock is traded on the NASDAQ Global Select Market, which represents the top third of all NASDAQ-listed companies. The company markets its personal and business insurance products exclusively through independent insurance agencies in 29 states and is proud to be a Trusted Choice(r) company partner. The company is one of only 98 NASDAQ-listed companies to earn the 2007 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. The State Auto Insurance Companies include State Automobile Mutual, State Auto Property & Casualty, State Auto National, State Auto Ohio, State Auto Wisconsin, State Auto Florida, Milbank, Farmers Casualty, Meridian Security and Meridian Citizens Mutual. Other State Auto affiliated companies include Beacon National Insurance. Additional information on State Auto Financial Corporation and the State Auto Insurance Companies can be found at www.STFC.com and www.StateAuto.com.

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CONTACT: State Auto Financial CorporationTerrence Bowshier, VP – Director of Investor Relations(614) 464-5078Kyle Anderson, Director of Media Relations(614) 917-5497