FNF Forms Board for Title Unit

Fidelity National Financial Inc., Jacksonville, Fla., has announced the formation of a board of directors for Fidelity National Title Group that it says will allow FNF to "truly operate as a holding company."William P. Foley II, FNF's chairman and chief executive officer, will be chairman of the FNT board, and FNF board members Willie Davis, John Farrell, Phil Heasley, Bill Imparato, Don Koll, Gen. William Lyon, and Frank Willey will move from the FNF board to FNT's. FNF said it will initially have majority ownership stakes in FNT and Fidelity National Information Services and 100% ownership of its specialty insurance business. "As a holding company, FNF will have the flexibility to make investments in other lines of business that it feels will allow it to best achieve its ultimate goal of maximizing FNF shareholder value," Mr. Foley said. The company can be found online at http://www.fnf.com.

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