THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Cincinnati Bell Inc. (CBB)

3/16/2006 Proxy Information

Although the following disclosures are not required under SEC rules because the aggregate value of the transactions are less than the relevant reporting thresholds, the Company has been a party to transactions in the ordinary course of business with Cisco Systems, Inc. and The Procter & Gamble Company. A member of the Board serves in an executive capacity at each of those companies: Mr. Redfield serves as an Executive Vice President at Cisco Systems, Inc. and Mr. Byrnes serves as Vice Chairman and President — Global Health Care at The Procter & Gamble Company.

The Company believes that these transactions are immaterial relationships that do not impact the independence either of Mr. Redfield or of Mr. Byrnes. The Company entered into these transactions in the ordinary course of its business and under competitive marketplace conditions. The Company believes that these transactions were on terms that were reasonable and in the best interests of the Company. The Board has determined that Mr. Redfield and Mr. Byrnes received no material benefit as a result of these transactions.

3/29/2005 Proxy Information

Cincinnati Bell has been a party to transactions in the ordinary course of business with Cisco Systems, Federated Department Stores and Procter & Gamble. A member of the Board serves in an executive capacity at each of those companies: Mr. Redfield at Cisco Systems, Ms. Hoguet at Federated Department Stores and Mr. Byrnes at Procter & Gamble.

3/23/2004 Proxy Information

Richard G. Ellenberger served as Chairman, President and Chief Executive Officer of Cincinnati Bell Inc. (formerly Broadwing Inc.) until September 2002.

3/31/2003 Proxy Information

In connection with the Company’s 1999 merger with IXC Communications, Inc. (now known as Broadwing Communications Inc.), pursuant to an Investment Agreement dated July 21, 1999, among the Company and Oak Hill Capital Management, Inc. and its affiliated entities, Oak Hill purchased $400,000,000 of convertible subordinated debentures of the Company. The debentures are convertible at the option of Oak Hill at any time into common shares at a price of $29.89 per share. Pursuant to the Investment Agreement, as long as Oak Hill and its affiliated entities hold at least two-thirds of the common shares issued or issuable upon conversion of the convertible subordinated debentures, Oak Hill has the right to designate one director. Mr. J. Taylor Crandall is currently the designee of Oak Hill on the Board of Directors of the Company. The Investment Agreement resulted from arms-length negotiations between the Company and Oak Hill.