Fairfax Financial Holdings Limited

Fairfax Financial Holdings Limited

March 23, 2005 17:01 ET

Fairfax Financial Holdings Limited: TIG Note Repayment Deferred


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: FAIRFAX FINANCIAL HOLDINGS LIMITED

TSX SYMBOL: FFH.SV
NYSE SYMBOL: FFH

MARCH 23, 2005 - 17:01 ET

Fairfax Financial Holdings Limited: TIG Note Repayment
Deferred

TORONTO, ONTARIO--(CCNMatthews - March 23, 2005) - (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 received regulatory approval to extend the maturity
date of the $100 million Note payable by Fairfax to TIG Insurance
Company from June 30, 2005 to June 30, 2006.

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.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Fairfax Financial Holdings Limited
    Bradley P. Martin
    Vice President
    (416) 367-4941
    www.fairfax.ca