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North American Title Insurance Company is a seasoned title insurance underwriter that has been helping customers achieve the American dream of homeownership for more than 50 years. In the past several years, we have become known as the “underwriter next door,� because our associates are always easy to reach and our processes are, at all times, quick and straightforward. Our agency application process is fast and transparent for qualified agents. NATIC offers a one-hour underwriting response guarantee that is unparallelled in our industry. In addition, we value our agents based on their title industry knowledge and experience, not just on profits alone.


Fidelity National Financial, Inc. Reports Third Quarter 2007 EPS of $0.03

October 24, 2007

JACKSONVILLE, Fla., -- Fidelity National Financial, Inc. (NYSE: FNF), amajor provider of title insurance, specialty insurance and claims management services, today reported operating results for the three-month and nine-month periods ended September 30, 2007.

 

Three Months Ended September 30, 2007

Three Months Ended September 30, 2006**

Pro Forma Three Months Ended September 30, 2006***

Total revenue

$1.36 billion

$2.63 billion

$1.62 billion

Pre-tax margin

0.2%*

11.2%

10.9%

Net earnings

$6.5 million*

$127.6 million

$114.1 million

Net earnings per diluted share

$0.03*

$0.73

$0.51

Cash flow from Operations

$74.8 million

$265.7 million

N/A



*These reported results include the impact of an $81.5 million charge to strengthen the reserve for claim losses.

** The three-month and nine-month periods ended September 30, 2006, include the results of Fidelity National Information Services, Inc. ("FIS"), which was a majority-owned subsidiary of FNF during those periods in 2006.

*** A complete pro forma summary of earnings excluding FIS and the minority interest expense related to Fidelity National Title Group, Inc. ("FNT") for the three-month and nine month periods ended September 30, 2006, is included later in this press release.



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