Lender Processing Services Announces Completion of Tender Offer

       Lender Processing Services Announces Completion of Tender Offer

PR Newswire

JACKSONVILLE, Fla., Oct. 26, 2012

JACKSONVILLE, Fla., Oct. 26, 2012 /PRNewswire/ --Lender Processing Services,
Inc. (NYSE: LPS) (the "Company"), a leading provider of integrated technology
and services to the mortgage and real estate industries, announced today that
it has completed its previously announced tender offer and consent
solicitation (the "Tender Offer") for all of its 8.125% Senior Notes due 2016
(the "Notes").

(Logo: http://photos.prnewswire.com/prnh/20120802/FL50731LOGO )

As previously announced, as of 5:00 p.m., Eastern Time, on October 11, 2012
(the "Consent Payment Deadline"), $286,090,000 million aggregate principal
amount of the outstanding Notes (representing approximately 79.03% of the
Notes outstanding at the commencement of the Tender Offer) had been tendered.
The Company exercised its option to accept for payment and settle the Tender
Offer with respect to Notes that were validly tendered at or prior to the
Consent Payment Deadline (the "Early Settlement"). The Early Settlement
occurred on October 12, 2012.

As of midnight, Eastern Time, October 25, 2012 (the "Expiration Date"), an
additional $330,000 aggregate principal amount of the outstanding Notes
(representing approximately 0.09% of the Notes outstanding at the commencement
of the Tender Offer) had been tendered. The Company accepted for payment and
settled the Tender Offer with respect to Notes that were validly tendered
after the Consent Payment Deadline but prior to the Expiration Date today.

As previously announced, the Company will redeem any Notes outstanding after
the Tender Offer with payment for any redeemed Notes to be made on November
13, 2012.

The tender agent and information agent for the tender offer and consent
solicitation was D.F. King & Co., Inc. The sole dealer manager for the tender
offer and solicitation agent for the consent solicitation was Wells Fargo
Securities, LLC ((866) 309-6316 (toll-free) and (704) 715-8341 (collect)).

The Offer to Purchase and the related Letter of Transmittal (together, the
"Offer Documents") have been distributed to holders of Notes.

This news release is for informational purposes only and does not constitute
an offer to buy or the solicitation of an offer to sell the Notes. The tender
offer and the consent solicitation are being made only pursuant to the Offer
Documents that the Company has distributed to noteholders. Noteholders and
investors should read carefully the Offer Documents because they contain
important information, including the various terms of and conditions to the
tender offer and the consent solicitation. None of the Company, the dealer
manager and the solicitation agent, the tender agent, the information agent or
their respective affiliates is making any recommendation as to whether or not
holders should tender all or any portion of their Notes in the tender offer or
deliver their consents in the consent solicitation. This news release does not
constitute an offer to sell or a solicitation of an offer to buy any
securities that may be sold pursuant to the proposed debt financing.

About Lender Processing Services
Lender Processing Services (NYSE: LPS) delivers comprehensive technology
solutions and services, as well as powerful data and analytics, to the
nation's top mortgage lenders, servicers and investors. As a proven and
trusted partner with deep client relationships, LPS offers the only end-to-end
suite of solutions that provides major U.S. banks and many federal government
agencies the technology and data needed to support mortgage lending and
servicing operations, meet unique regulatory and compliance requirements and
mitigate risk.

These integrated solutions support origination, servicing, portfolio retention
and default servicing. LPS' servicing solutions include MSP, the industry's
leading loan-servicing platform, which is used to service approximately 50
percent of all U.S. mortgages by dollar volume. The company also provides
proprietary data and analytics for the mortgage, real estate and capital
markets industries. Lender Processing Services is a Fortune 1000 company
headquartered in Jacksonville, Fla., employing approximately 8,000
professionals. For more information, please visit www.lpsvcs.com.

Cautionary Statement About Forward-Looking Statements
This press release contains forward-looking statements that involve a number
of risks and uncertainties. Those forward-looking statements include all
statements that are not historical facts, including statements about our
beliefs and expectations. 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 historical 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 to which
forward-looking statements are subject include, but are not limited to: our
ability to successfully consummate the redemption of any untendered existing
notes; our ability to adapt our services to changes in technology or the
marketplace; the impact of adverse changes in the level of real estate
activity (including among others, loan originations and foreclosures) on
demand for certain of our services; our ability to maintain and grow our
relationships with our customers; the effects of our substantial leverage on
our ability to make acquisitions and invest in our business; the level of
scrutiny being placed on participants in the foreclosure process; risks
associated with federal and state enforcement proceedings, inquiries and
examinations currently underway or that may be commenced in the future with
respect to our default management operations, and with civil litigation
related to these matters; the impact of continued delays in the foreclosure
process on the timing and collectability of our fees for certain of our
services; changes to the laws, rules and regulations that regulate our
businesses as a result of the current economic and financial environment;
changes in general economic, business and political conditions, including
changes in the financial markets; the impact of any potential defects,
development delays, installation difficulties or system failures on our
business and reputation; risks associated with protecting information security
and privacy; and other risks and uncertainties 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

SOURCE Lender Processing Services, Inc.

Website: http://www.lpsvcs.com
Contact: Investor contact: Nancy Murphy, +1-904-854-8640,
Nancy.Murphy@lpsvcs.com; Media contact: Michelle Kersch, +1-904-854-5043,
Press spacebar to pause and continue. Press esc to stop.