First American Financial Corporation Closes Senior Notes Offering

      First American Financial Corporation Closes Senior Notes Offering

PR Newswire

SANTA ANA, Calif., Jan. 29, 2013

SANTA ANA, Calif., Jan. 29, 2013 /PRNewswire/ --First American Financial
Corporation (NYSE: FAF), a leading global provider of title insurance and
settlement services for residential and commercial real estate transactions,
today announced that it has closed its previously announced public offering of
$250.0 million principal amount of 4.30 percent senior notes due 2023.

The notes are general senior unsecured obligations of the company and rank
equally in right of payment with the company's existing and future senior
unsecured indebtedness.

The notes were priced at 99.638 percent to yield 4.345 percent. Interest will
be paid semi-annually on Feb. 1 and Aug. 1, beginning Aug. 1, 2013. The
company intends to use the net proceeds from the sale of the notes to repay
all borrowings outstanding under its revolving credit facility and for general
corporate purposes.

J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, and U.S. Bancorp
Investments, Inc., acted as the joint book-running managers for the offering.
Copies of the prospectus supplement and accompanying base prospectus for the
offering may be obtained by contacting J.P. Morgan Securities LLC, 383 Madison
Avenue, New York, NY, 10179, Attention: High Grade Syndicate Desk, 3rd Floor;
telephone: (212) 834-4533; or by contacting Wells Fargo Securities, LLC, 1525
West W.T. Harris Blvd., NC 0675, Charlotte, NC 28262, Attention: Capital
Markets Client Support; telephone: (800) 326-5897. An electronic copy of the
prospectus supplement and accompanying base prospectus for the offering may
also be obtained at

This press release does not constitute an offer to sell or a solicitation of
an offer to buy securities, nor shall there be any sale of any of the
securities in any jurisdiction in which such offer, solicitation or sale would
be unlawful prior to registration or qualification under the securities laws
of any such jurisdiction. The securities being offered have not been approved
or disapproved by any regulatory authority, nor has any such authority passed
upon the accuracy or adequacy of the prospectus supplement or the shelf
registration statement or prospectus.

About First American
First American Financial Corporation (NYSE: FAF) is a leading provider of
title insurance and settlement services to the real estate and mortgage
industries, that traces its heritage back to 1889. First American and its
affiliated companies also provide title plant management services; title and
other real property records and images; valuation products and services; home
warranty products; property and casualty insurance; and banking, trust and
investment advisory services.

Forward-Looking Statements
Certain statements made in this press release, including the net proceeds
generated by the offering and the use of such proceeds, are forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as amended.
Risks and uncertainties exist that may cause results to differ materially from
those set forth in these forward-looking statements. Factors that could cause
the anticipated results to differ from those described in the forward-looking
statements include: interest rate fluctuations; changes in the performance of
the real estate markets; volatility in the capital markets; unfavorable
economic conditions; and other factors described in the company's quarterly
report on Form 10-Q for the quarter ended September 30, 2012, as filed with
the Securities and Exchange Commission. The forward-looking statements speak
only as of the date they are made. The company does not undertake to update
forward-looking statements to reflect circumstances or events that occur after
the date the forward-looking statements are made.

Media Contact:                       Investor Contact:
Carrie Loranger                      Craig Barberio
Corporate Communications             Investor Relations
First American Financial Corporation First American Financial Corporation
(714) 250-3298                       (714) 250-5214

SOURCE First American Financial Corporation

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