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EXHIBIT 99.1
PRESS RELEASE dated January 17, 2001
HEADLINE: Fidelity National Financial, Inc. Announces Fourth Quarter 2000 EPS
Expectations
DATELINE: IRVINE, Calif., Jan. 17
BODY:
Fidelity National Financial, Inc. (NYSE: FNF), the nation's largest provider of
title insurance and real estate related products and services, today announced
that it expects to at least meet the current fourth quarter 2000 First Call
consensus EPS estimates of $.47. The Company plans to release fourth quarter
2000 earnings before the opening of regular market trading on February 14, 2001.
Fidelity National Financial, Inc. is the nation's largest title insurance and
diversified real estate related services company. The Company's title insurance
underwriters -- Fidelity National Title, Chicago Title, Ticor Title, Security
Union Title and Alamo Title -- together issue approximately 30 percent of all
title insurance policies nationally. The company provides title insurance in 49
states, the District of Columbia, Guam, Mexico, Puerto Rico, the U.S. Virgin
Islands and Canada.
In addition, Fidelity, through its principal subsidiaries, performs other real
estate-related services such as escrow, appraisal services, collection and trust
activities, real estate information and technology services, trustee's sale
guarantees, credit reporting, attorney services, flood certifications, real
estate tax services, reconveyances, recordings, foreclosure publishing and
posting services and exchange intermediary services in connection with real
estate transactions. More information about the Company can be found on
Fidelity's website, located at www.fnf.com.
This press release contains forward-looking statements. The words "believe,"
"expects," "intend," "anticipate," "will," and "project," and other similar
expressions identify forward-looking statements, which speak only as of the date
the statement was made. The company undertakes no obligation to publicly update
or revise any forward-looking statements, whether as a result of new
information, future events or otherwise. Forward-looking statements are
inherently subject to risks and uncertainties, some of which cannot be predicted
or quantified. Future events and actual results could differ materially from
those set forth in, contemplated by, or underlying the forward-looking
statements. The risks and uncertainties which forward-looking statements are
subject to include, but are not limited to, the effect of governmental
regulations, competition and other risks detailed from time to time in the
company's filings with the Securities and Exchange Commission.
SOURCE Fidelity National Financial, Inc.
CONTACT: Daniel Kennedy Murphy, Director of Investor Relations, Fidelity
National Financial, Inc., 805-696-7218, [email protected]
URL: http://www.prnewswire.com
