Exhibit 1.2 AMERICAN FINANCIAL GROUP, INC. $600,000,000 of Common Stock of American Financial Group, Inc. (no par value) AMERICAN PREMIER UNDERWRITERS, INC. 1,361,711 Shares of Common Stock of American Financial Group, Inc. (no par value) EQUITY...Terms Agreement • June 30th, 2004 • American Financial Capital Trust Iv • Fire, marine & casualty insurance • New York
