The First American Financial Corporation Stockholders Vote to Change Company Name
May 12, 2000, SANTA ANA, Calif.
The change in the company's name will have no effect on the outstanding shares and there will be no further action required on the part of First American shareholders. The company's common stock will continue to trade on the New York Exchange under the symbol "FAF."
"In recent years our business mix has expanded dramatically to include a broad array of nonfinancial services," said Parker S. Kennedy, president of The First American Financial Corporation. "We believe our new name will better reflect the diversified nature of the company."
The company also announced that its shareholders re-elected the 13 incumbent members of its board of directors: George L. Argyros, Gary J. Beban, J. David Chatham, William G. Davis, James L. Doti, Lewis W. Douglas Jr., Paul B. Fay Jr., D. P. Kennedy, Parker S. Kennedy, Frank E. O'Bryan, Roslyn B. Payne, D. Van Skilling and Virginia M. Ueberroth.
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 and services; real estate information and services, which includes mortgage information services and database information and services; and consumer information and services, which provides home warranties; automotive, subprime and direct-to-consumer credit reporting; property and casualty insurance; property and automotive insurance tracking services; resident screening; pre-employment screening; investment advisory; and trust and banking services. Information about the company and an archive of its press releases can be found on the Internet at www.firstam.com.