Investors Title Company Announces Stock Repurchase Program - Declares Dividend

November 12, 2004

J. Allen Fine, Chairman of the Board of Investors Title Company, announced today that the Company's Board of Directors has approved the purchase of up to an additional 125,000 shares of Company common stock in the open market or privately negotiated purchases. This brings the total number of shares that the Company is authorized to repurchase up to 500,000.

Tthe Company's Board of Directors also declared a cash dividend of $.04 per share to shareholders of record December 1, 2004, payable December 15, 2004.


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.