Fidelity National Financial, Inc. Sells Approximately 20 Percent of its Ownership Stake in Sedgwick CMS

June 5, 2008

JACKSONVILLE, Fla., -- Fidelity National Financial, Inc. (NYSE: FNF) today announced the sale of approximately 20 percent of its ownership stake in the parent company of Sedgwick Claims Management Services, Inc. ("Sedgwick CMS") to UnitedHealth Group (NYSE: UNH - News). UnitedHealth Group also purchased pro rata ownership shares from Thomas H. Lee Partners, Evercore Partners and David A. North, the other existing minority shareholders of Sedgwick CMS. Following this purchase, UnitedHealth Group will own approximately 20 percent of Sedgwick CMS, and FNF will own approximately 32 percent of Sedgwick CMS. Financial terms of the sale were not disclosed.

"This sale of a portion of our stake in Sedgwick CMS is consistent with our stated goal of creating liquidity from the sale of some of our assets," said Chairman William P. Foley, II. "We are pleased to generate liquidity and create value for our shareholders, and we are excited about the value that UnitedHealth Group can bring to Sedgwick CMS in medical management and cost management strategies for occupational health programs and through the extension of the existing relationship between the two companies in the integrated serving of employer-sponsored disability, group medical, workers' compensation and leave and absence programs. The addition of UnitedHealth Group as a strategic shareholder is a very positive sign for the future of Sedgwick CMS."

Source: Fidelity National Financial, Inc.


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

SoftPro is the nation's leading provider of closing and title software, consistently pushing the technological envelope to pioneer the most powerful and comprehensive closing and title automation software on the market. SoftPro's Award-Winning Software combines cutting-edge technology with outstanding support to make your business more productive, efficient and boost your revenue. 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.