Fidelity National Financial, Inc. Repays the Final $20 Million Borrowing Related to the Reserve Primary Fund

November 20, 2008

Fidelity National Financial, Inc. announced the repayment of $20 million under its credit facility.

Combined with the $100 million repayment made on November 6, 2008, FNF has now repaid the entire $120 million borrowing made under FNF's credit facility on September 29, 2008. That borrowing was made to replace the funds that had been frozen after the announcement of the liquidation of the Reserve Primary Fund. Expected future distributions of approximately $50 million from the Reserve Primary Fund will now be available for other general corporate purposes.

Source: Fidelity National Financial, Inc.


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.