LandAmerica Announces Increase in Quarterly Dividend

July 29, 2004

RICHMOND, Va., /PRNewswire-FirstCall/ -- LandAmerica Financial Group, Inc. (NYSE: LFG), a leading provider of real estate transaction services, announced today it is raising its quarterly dividend by $.05 per share. The new quarterly dividend rate of $.15 per share represents a 50% increase over the previous level, and brings the annual dividend rate to $.60 per share. The quarterly dividend will be payable September 15, 2004, to shareholders of record September 1, 2004.

"This dividend rate increase reflects our continued strong earnings and cash flow and our positive outlook for the long term for our business," said Chairman and Chief Executive Officer Charles H. Foster, Jr. "Dividends are an increasingly important part of returns to shareholders, and regular review of our dividend policy is an important part of our delivery of value to shareholders."

Source: LandAmerica Financial 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.