Fairfax Financial Holdings Limited

Fairfax Financial Holdings Limited

March 22, 2006 17:32 ET

Fairfax Announces Further Purchase Of SFK Pulp Fund Units

TORONTO, ONTARIO--(CCNMatthews - March 22, 2006) -

(Note: All dollar amounts in this press release are expressed in U.S. dollars.)

Fairfax Financial Holdings Limited (TSX:FFH.SV)(NYSE:FFH) announced today that it has purchased, in the investment portfolio of a wholly owned insurance subsidiary, an additional 1,855,500 units of SFK Pulp Fund, bringing its total holdings in the Fund to 8,224,000 units or approximately 13.9% of the total units outstanding. The units were purchased through the facilities of the Toronto Stock Exchange for investment purposes. Fairfax continually reviews its investment alternatives and may purchase additional SFK Pulp Fund units from time to time in accordance with applicable laws.

Fairfax Financial Holdings Limited is a financial services holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance, investment management and insurance claims management.

Contact Information

  • Fairfax Financial Holdings Limited
    Greg Taylor
    Chief Financial Officer
    (416) 367-4941