Capital Title Group Receives Approval From California Department of Insurance For Merger With Nations Holding Group

September 13, 2002

PHOENIX, /PRNewswire-FirstCall/ -- Capital Title Group, Inc. (Nasdaq: CTGI) received regulatory approval from the California Department of Insurance pursuant to California Insurance Code section 1215.2 to complete its previously announced merger with Nations Holding Group, a privately held California title insurance company, Donald R. Head chairman, president and chairman executive office of Capital Title Group, announced. Mr. Head added that the transaction is anticipated to close in accordance with the definitive agreement that provides a five day closing period subsequent to receiving regulatory approval.

Headquartered in Phoenix, Arizona, Capital Title Group, Inc. is a regional title insurance agent with 71 offices representing five title insurance companies and also offers real estate-related services for residential and commercial customers through its wholly owned subsidiaries, Capital Title Agency in Arizona and New Century Title Company in California. Nations and its subsidiary companies have 43 offices in California.

Source: Capital Title Group, Inc.

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North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.