Skilling joins First American Financial board of directors


January 13, 1998, SANTA ANA, CALIFORNIA

The First American Financial Corporation (NYSE: FAF) announced today the appointment of
D. Van Skilling to its board of directors. Skilling replaces Robert B. McLain, who died last year. The board now stands at 16 members.

Skilling serves as chairman and chief executive officer of Experian (formerly known as TRW Information Systems & Services), a leading provider of consumer and business credit and direct marketing services based in Orange, California. A 26-year veteran with TRW Inc., Mr. Skilling was named to his current position in September 1996, when Experian became a privately held company. Prior to the spinoff, Skilling was executive vice president of TRW Inc. and general manager of TRW Information Systems & Services. He was appointed to lead TRW’s information businesses in September 1989.

Skilling earned a master of business administration in international business from Pepperdine University in Los Angeles and a bachelor of science degree in chemistry from Colorado College, where he now serves as a member of the board of trustees. His other activities include membership on the board of directors of Lamson & Sessions and on the California Business Roundtable, where he chaired the education task force. He resides in Orange County, California, with his wife Barbara. They have two grown children.

"We got to know and respect Van during our negotiations to merge the Real Estate Solutions part of Experian with our First American Real Estate Information Services," President Parker S. Kennedy said. "He has a strong understanding of our business and our strategy. His experience and insights will be invaluable."

The First American Financial Corporation, based in Santa Ana, California, 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, flood certification, mortgage loan servicing systems, appraisal services, mortgage document preparation and field inspection services 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 10,000 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 at http://www.firstam.com on the Internet.

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