FNF Reports Stock Repo

Fidelity National Financial Inc., a Jacksonville, Fla.-based provider of title insurance and other financial products and services, has reported the repurchase of more than 2.53 million shares of FNF common stock from Willis Stein & Partners and J.P. Morgan Chase for $112.2 million.Willis Stein, a Chicago-based private equity firm, was the lead investor in an investment group that owned Aurum Technology when FNF acquired Aurum in March 2004, FNF said. J.P. Morgan Chase was escrow agent for Aurum's former stockholders. FNF chairman and chief executive William P. Foley II noted that FNF recently announced its intent to implement a stock repurchase program once a recapitalization of the company is completed. He said the opportunity to repurchase the Willis Stein and J.P. Morgan shares presented "an efficient means to repurchase a large block of stock through resources already available to the company." FNF can be found online at http://www.fnf.com.