FAIRFAX ANNOUNCES SUCCESSFUL COMPLETION OF
OMERS INVESTMENT IN BRIT

Fairfax Financial Holdings Limited ('Fairfax') (TSX: FFH and FFH.U) announces the successful completion of the previously announced transaction in which OMERS, the pension plan for Ontario's municipal employees, will acquire an approximate 14% interest in Fairfax's subsidiary, Brit Limited ('Brit'), for cash of approximately US$375 million. After closing, Fairfax will retain the flexibility to repurchase OMERS' interest in Brit over time.

Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and the associated investment management.

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For further information, contact: John Varnell, Vice President, Corporate Development, at (416) 367-4941

FAIRFAX FINANCIAL HOLDINGS LIMITED

95 Wellington Street West, Suite 800, Toronto, Ontario, M5J 2N7 Telephone: 416-367-4941 Facsimile: 416-367-4946

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Fairfax Financial Holdings Limited published this content on 27 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 August 2021 08:01:22 UTC.