Fidelity National Financial, Inc. to Acquire Key Title Company to Bolster Ticor Brand

March 28, 2003

IRVINE, Calif., /PRNewswire-FirstCall/ -- Fidelity National Financial, Inc. (NYSE: FNF ), and its wholly owned subsidiary, Ticor Title Insurance Company ("Ticor"), today announced the signing of a definitive agreement whereby Ticor will acquire 100 percent of the outstanding common stock of Key Title Company ("Key Title").

Key Title operates in twelve counties in the state of Oregon and generated more than $20 million in revenue in 2002. The cash transaction is scheduled to close on March 31, 2003.

"This acquisition supports our ongoing strategic commitment to grow the Ticor Title brand," said FNF Chairman and Chief Executive Officer William P. Foley, II. "The Key Title operations in western Oregon will significantly enhance both Ticor's direct operations and its referral network in the Oregon market."

Source: Fidelity National Financial, Inc.,


Contact ALTA at 202-296-3671 or communications@alta.org.

SoftPro, based in Raleigh, NC, offers a mature suite of products, designed specifically for the closing and title industry. Our mission is to serve our client base, with best-in-class products and services. Our products are modular so we don't force you to buy anything you don't need. You can always add on as your business grows. Unlike other software companies, we view the sale as the beginning of the relationship rather than the end. 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.