Fidelity National Title Group, Inc. Announces 1st Quarter Earnings Release and Conference Call
April 10 2006 - 8:30AM
PR Newswire (US)
JACKSONVILLE, Fla., April 10 /PRNewswire-FirstCall/ -- Fidelity
National Title Group, Inc. (NYSE:FNT), the nation's largest title
insurance company and a majority-owned, publicly traded subsidiary
of Fidelity National Financial, Inc. (NYSE:FNF), will release 1st
quarter 2006 earnings after the close of regular market trading on
Wednesday, April 26, 2006. The discussion of FNT's 1st quarter
results will take place during the FNF earnings conference call at
10:00 a.m. Eastern Time on April 27, 2006. Those wishing to
participate via the webcast should access the call through FNF's
Investor Relations website at http://www.fnf.com/ . Those wishing
to participate via the telephone may dial-in at 800-230-1096 (USA)
or 612-332-0226 (International). The conference call replay will be
available via webcast through FNF's Investor Relations website at
http://www.fnf.com/ . The telephone replay will be available from
1:30 p.m. Eastern Time on April 27, 2006 through May 4, 2006 by
dialing 800-475-6701 (USA) or 320-365-3844 (International). The
access code will be 825716. Fidelity National Title Group, Inc.
(NYSE:FNT) is the nation's largest title insurance company. The
Company's title insurance underwriters -- Fidelity National Title,
Chicago Title, Ticor Title, Security Union Title and Alamo Title --
issue approximately 31 percent of all title insurance policies in
the United States. Through its direct operations and agencies, the
Company provides title insurance in 49 states, the District of
Columbia, Guam, Mexico, Puerto Rico, the U.S. Virgin Islands and
Canada. In 2005, FNT also acquired Service Link, a leading provider
of title and closing services to major financial institutions and
lenders, including six of the top 10 lending institutions in the
United States ranked by loan origination volume. More information
about Fidelity National Title Group can be found at
http://www.fntg.com/ . FNT is a majority-owned subsidiary of
Fidelity National Financial Inc. (NYSE:FNF), number 248 on the
Fortune 500 and a provider of products and outsourced services and
solutions to a variety of industries. More information about FNF
can be found at http://www.fnf.com/ . This press release contains
forward-looking statements that involve a number of risks and
uncertainties. Statements that are not historical facts, including
statements about our beliefs and expectations, are forward-looking
statements. Forward-looking statements are based on management's
beliefs, as well as assumptions made by, and information currently
available to, management. Because such statements are based on
expectations as to future economic performance and are not
statements of fact, actual results may differ materially from those
projected. We undertake no obligation to update any forward-looking
statements, whether as a result of new information, future events
or otherwise. The risks and uncertainties which forward-looking
statements are subject to include, but are not limited to: changes
in general economic, business and political conditions, including
changes in the financial markets; adverse changes in the level of
real estate activity, which may be caused by, among other things,
high or increasing interest rates, a limited supply of mortgage
funding or a weak U.S. economy; compliance with extensive
regulations; regulatory investigations of the title insurance
industry; our business concentration in the State of California,
the source of over 20% of our title insurance premiums; our
dependence on distributions from our title insurance underwriters
as our main source of cash flow; competition from other title
insurance companies; FNF's need to maintain more than 80% ownership
of our common stock for various tax purposes; and other risks
detailed in the "Statement Regarding Forward-Looking Information,"
"Risk Factors" and other sections of the Company's Form 10-K and
other filings with the Securities and Exchange Commission.
http://www.fnf.com/DATASOURCE: Fidelity National Title Group, Inc.
CONTACT: Daniel Kennedy Murphy, Senior Vice President, Finance and
Investor Relations, Fidelity National Title Group, +1-904-854-8120,
or Web site: http://www.fntg.com/ http://www.fnf.com/
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