FIRST AMERICAN FINANCIAL DECLARES QUARTERLY CASH DIVIDEND


August 27, 1999, SANTA ANA, Calif.

The First American Financial Corporation (NYSE: FAF), the nation's leading provider of business information and related products and 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 October 15, 1999, to shareholders of record as of September 30, 1999. 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 business information and related products and services. The corporation's three primary business segments include: title insurance; real estate information and services, which includes mortgage origination, mortgage servicing and database products and services; and consumer information and services, which provides home warranties; automotive, subprime and direct-to-consumer credit reporting; insurance and automotive tracking services; resident screening; pre-employment screening; lender-placed flood and hazard insurance; investment advisory; and trust and banking services. Through its family of companies, First American Financial has nearly 20,000 employees in more than 600 branch offices in the United States and abroad. Information about the company and an archive of its press releases can be found on the Internet at www.firstam.com.

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