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.

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. 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.