First American Financial announces the appointment of Gary J. Beban to its board of directors


August 6, 1996, SANTA ANA, CALIFORNIA

The First American Financial Corporation (NYSE: FAF) announced today the appointment of Gary J. Beban to its board of directors and to the board of its principal subsidiary, First American Title Insurance Company. Beban replaces Frank Harrington, who died last year. The board now stands at 15 members.

Beban serves as president and general manager of CB Commercial Real Estate Group, Inc. Beban began his career with CB Commercial in 1970 as an industrial and investment properties specialist in Los Angeles. He transferred to Chicago in 1977 and served in several management positions there before he was elected president of the commercial brokerage and corporate services in 1987.

A graduate of the University of California, Los Angeles, with a degree in history, Beban now serves on the UCLA Board of Trustees. His other activities include membership on the Industrial Development Research Council and a position on the New Hampton School Board of Trustees. Beban was the recipient of the 1967 Heisman Memorial Trophy and was named the 1968 NCAA Scholar/Athlete. In 1988, he was inducted into the college Football Hall of Fame.

"We look forward to Gary's advice and counsel on our board," President Parker S. Kennedy said. "He will be especially helpful in helping us expand and improve our commercial title insurance programs."

The First American Financial Corporation, based in Santa Ana, California, is the nation's leading provider of real estate-related financial and informational services. The corporation's subsidiaries include First American Title Insurance Company, an international title insurer, First American Real Estate Information Services, Inc., which offers tax monitoring, credit reporting, flood certification, mortgage loan servicing systems and property information services nationally, and First American Home Buyers Protection Corporation, a home warranty company. The corporation also operates First American Trust Company and First Security Thrift Company in Southern California. First American Financial has over 10,000 employees in over 400 branch offices in the United States and abroad.

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