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Industry News

LandAmerica Announces the Opening of LandAmerica Lawyers Title of Central America

July 7, 2006

RICHMOND, Va., LandAmerica Financial Group, Inc. (NYSE: LFG), a provider of real estate transaction services, announces the opening of LandAmerica Lawyers Title of Central America, a joint venture.

Headquartered in Panama City, Panama, LandAmerica Lawyers Title of Central America will immediately begin offering title, escrow, and developer services to buyers, sellers, developers, and lenders throughout Central America which includes Costa Rica, Panama, Nicaragua, Honduras, Guatemala, Belize, and El Salvador. "Central America is quickly becoming the number one choice for retired North Americans looking for warm weather and real estate value," said Christian Solis, Account Manager of the new operation. "As North American buyers and developers continue to enter the Central American market, we will be ready to provide them with the products and services they are accustomed to and rely on when buying and developing real estate in the Continental U.S. North American buyers, developers, and lenders will appreciate working with a known and trusted name like LandAmerica Lawyers Title."

Frederick Persaud, Senior Vice President - Caribbean & Latin America Area, added, "We are very excited to be able to offer a full menu of services and products to clients investing and developing in Central America through this new venture."

Source: LandAmerica Financial Group, Inc.

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