First American Financial declares quarterly cash dividend


December 16, 1998, SANTA ANA, CALIFORNIA

The First American Financial Corporation (NYSE: FAF), the nation's leading provider of real estate-related financial and information services, announced today that its board of directors has declared a regular quarterly cash dividend of 6 cents per common share.

The cash dividend is payable on Jan. 15, 1999, to shareholders of record as of Dec. 31, 1998. First American has paid a cash dividend every year since 1909.

The First American Financial Corporation, based in Santa Ana, Calif., is the nation's leading provider of real estate-related financial and information services. The corporation's subsidiaries include First American Title Insurance Company, a national and international title insurer; First American Real Estate Information Services, Inc., which offers tax monitoring, credit reporting, property data services, flood certification, field inspection services, appraisal services, loss mitigation services, mortgage loan origination and servicing systems, and mortgage document preparation nationally; First American Home Buyers Protection Corporation, a home warranty company; and First American Capital Management, an investment advisory firm. The corporation also operates First American Trust Company and First Security Thrift Company in Southern California. First American Financial has more than 17,000 employees in over 400 branch offices in the United States and abroad. Information about the company's subsidiaries and an archive of its press releases can be found on the Internet at http://www.firstam.com.

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