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TABLE OF CONTENTS





01 Financial Highlights 29 Common Stock Prices and Dividends
02 Letter to Stockholders 29 Quarterly Financial Data
04 Our Product, Service, and Core Value 30 Consolidated Balance Sheets
06 Title Insurance and Services 32 Consolidated Statements of Income
and Comprehensive Income
10 Specialty Insurance 33 Consolidated Statements of Stockholders'
Equity
12 Trust and Other Services 34 Consolidated Statements of Cash Flows
14 Mortgage Information 35 Notes to Consolidated Financial Statements
16 Property Information 47 Report of Independent Accountants
18 Credit Information 48 Board of Directors
20 Screening Information 49 Officers
22 Management's Discussion and Analysis 50 Primary Companies
28 Selected Financial Data 51 Stockholder Information


FIRST AMERICAN PROFILE

The First American Corporation is the nation's leading diversified provider of business information products and services that impact the major economic events of people's lives, such as getting a job; renting an apartment; buying a car, house, boat, or airplane; securing a mortgage; opening or buying a business; and planning for retirement. It serves mortgage, real estate, and a variety of consumer-related businesses, as well as consumers themselves, with the data to help them make decisions, operate their businesses, and advance their lives.

The First American Family of Companies, many of which command leading market share positions in their respective industries, operate within seven primary business segments, which include: Title Insurance and Services, Specialty Insurance, Trust and Other Services, Mortgage Information, Property Information, Credit Information, and Screening Information.

Over our 114-year history, First American has evolved from a one-county abstract company to a diversified, international business information products and services provider. An enduring philosophy of providing the services our customers need — and providing them where and how they need them — has led First American to expand in both reach and scope. Today, our companies are helping to lead their industries in technological advancements, bringing efficiencies to our customers, as well as to our own operations.

First American is based in Santa Ana, California, where it has had its roots since 1889. Today, the Corporation has 24,886 employees in approximately 1,400 offices throughout the United States and abroad.

First American is dedicated to leading our industry — in customer satisfaction by providing consistently highquality service; in innovation by developing and marketing new systems, products, and services; in profitability by demanding efficiency; and in growth by searching out domestic and international opportunities.

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