The First American Corporation Announces Promotions and Strategic Hires at First Title, plc


June 26, 2006, SANTA ANA, Calif. and LONDON

The First American Corporation (NYSE: FAF), the largest provider of business information in the United States and the leading provider of title insurance services internationally, today announced several promotions and strategic hires at its wholly owned European title insurance subsidiary, First Title, plc, the United Kingdom’s largest provider of title insurance and conveyancing services to investors, lenders, lawyers and estate agents.   

“The success and rapid growth of First Title has prompted the expansion of its talented staff and the promotion of several executives within the organization,” said Thomas Grifferty, vice president of International Operations for First American.  “We are truly pleased with the tremendous progress of our European operations and look forward with enthusiasm to the continued expansion of our products and services in that market.”

Phillip Oldcorn, previously European Underwriting director, has been named chief executive officer of First Title Insurance, plc, the principal subsidiary and insurance division of First Title.  David Turschwell, previously UK Underwriting director, has been promoted to European Underwriting director for First Title Insurance.  David Hawkins, formerly a director of leading global insurance broker Willis UK, joins First Title as managing director.  Martin Loos, previously of global financial services company ING, has been named First Title’s European Sales director, and Michael Wright, formerly of Alliance & Leicester bank, has been hired as UK Sales director.

In the last financial year, First Title has expanded its services into numerous European countries through the launch of several new subsidiaries including, First Title CEE a subsidiary servicing the Czech Republic, Slovakia, Hungary, Bulgaria, Romania and Croatia; First Title Istanbul, which services the Republic of Turkey (www.firsttitle.com.tr); and its newest venture, First Title Poland.  The addition of these companies builds upon First American’s formidable existing capabilities in the UKFranceItalyGermanySpain and Ireland (www.firstamerican.ie).  

With more than 1,700 title employees in Canada, Australia, Europe and Asia, First American continues to grow beyond the United States by adapting its product offerings to meet the regulatory guidelines and land conveyancing policies of international markets.

About First American
The First American Corporation (NYSE: FAF), a FORTUNE 500® company that traces its history to 1889, is the largest data provider in the United States. First American combines advanced analytics with its vast data resources to supply businesses and consumers with valuable information products to support the major economic events of people’s lives,  such as getting a job, renting an apartment, buying a car or house, securing a mortgage and opening or buying a business. The First American Family of Companies, many of which command leading market share positions in their respective industries, operate within five primary business segments, including: Title Insurance and Services, Specialty Insurance, Mortgage Information, Property Information, and Risk Mitigation and Business Solutions—a new segment that the company formed in 2005 by combining its Credit Information and Screening Information segments. With revenues of $8.1 billion (U.S.) in 2005, First American has approximately 2,100 offices throughout the United States and abroad. More information about the company and an archive of its press releases can be found at www.firstam.com.

About First Title
First Title, plc, has five offices in the United Kingdom and offices in Dublin, Warsaw, Budapest and Istanbul employing more than 700 staff.  It provides a wide range of innovative products that enable property investors, mortgage lenders, lawyers and estate agents to deliver more efficient and advanced service to their property clients. First Title is a wholly owned subsidiary of The First American Corporation. More information about the company can be found at www.firsttitlegroup.co.uk.

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