The subsequent offering period of the exchange offer expired as scheduled at 5 p.m. Eastern time, on Nov. 17, 2009. Wells Fargo Bank, N.A., the exchange agent for the exchange offer, has advised First American that, as of the expiration of the subsequent offering period, an aggregate of 13,975,239 shares of First Advantage Class A common stock had been tendered and accepted for purchase in the exchange offer. The shares validly tendered in the exchange offer and accepted for purchase represent approximately 89 percent of the shares of Class A common stock outstanding. Giving effect to the conversion of shares of First Advantage Class B common stock owned by First American, after expiration of the exchange offer, First American owned approximately 58,241,731 shares of First Advantage Class A common stock representing approximately 97 percent of the shares of Class A common stock outstanding.

First American also announced today that it had acquired all outstanding First Advantage shares not tendered in the exchange offer by means of a short-form merger under Delaware law. As a result of the merger, the outstanding shares of First Advantage Class A common stock held by the public at the effective time of the merger were canceled and converted into the right to receive the consideration offered in the exchange offer--0.58 of a First American common share per share of Class A common stock. First Advantage is now a wholly owned subsidiary of First American, and First American intends to cause First Advantage's Class A common stock to be delisted from the NASDAQ Stock Market. Information on the appraisal rights of First Advantage stockholders in connection with the merger is contained in First American's Registration Statement filed with the Securities and Exchange Commission relating to the exchange offer and merger. In addition, First Advantage will provide its former stockholders as of the effective time of the merger with a notice of merger setting forth their appraisal rights.

About First American

The First American Corporation (NYSE: FAF) is a FORTUNE 500((R)) company that traces its history to 1889. With total revenues of approximately $6.2 billion in 2008, it is America's largest provider of business information. First American combines advanced analytics with its vast data resources to supply businesses and consumers with valuable information products to support the major economic events of people's lives, such as getting a job, renting an apartment, buying a car or house, securing a mortgage and opening or buying a business. The First American Family of Companies, many of which command leading market share positions in their respective industries, operate within five primary business segments, including: Title Insurance and Services, Specialty Insurance, Information and Outsourcing Solutions, Data and Analytic Solutions, and Risk Mitigation and Business Solutions. More information about the company and an archive of its press releases can be found at www.firstam.com.

Important Information About the Exchange Offer and Merger

The description contained in this press release is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell securities. In connection with the offer to exchange and merger, First American filed a Final Prospectus with the Securities and Exchange Commission ("SEC") on Nov. 10, 2009 (the "Final Prospectus"), which forms part of First American's Registration Statement on Form S-4, as amended, and a tender offer statement on Schedule TO with the SEC. Former First Advantage stockholders should read the Final Prospectus, and any other filings made by First American with the SEC in connection with the exchange offer and merger, as they contain important information. The Final Prospectus and Schedule TO, as well as First American's other public SEC filings, can be obtained at www.firstam.com and also from MacKenzie Partners, Inc., the information agent for the merger, by requesting by mail at 105 Madison Avenue, New York, N.Y. 10016, or by phone, toll free at (800) 322-2885 or collect at (212) 929-5500. Public filings for First American can be obtained without charge at the SEC's Web site at www.sec.gov.

Forward-Looking Statements

Certain statements made in this press release, including but not limited to those related to the delisting of First Advantage from the NASDAQ Stock Market, information to be provided to First Advantage stockholders and the integration of First Advantage, are "forward-looking statements." These forward-looking statements may contain the words "intend," "anticipate," "expect," "plan," "predict," "estimate," "project," "will be," "will continue," "will likely result" or other similar words and phrases. 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 those described in the Final Prospectus. The forward-looking statements speak only as of the date they are made. Except as required by law, First American 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:
    Carrie Gaska
    Corporate Communications
    The First American Corporation
    (714) 250-3298 -- cgaska@firstam.com

    Investor Contact:
    Mark Seaton
    Investor Relations
    The First American Corporation
    (714) 250-4264 -- mseaton@firstam.com

SOURCE The First American Corporation

http://www.firstam.com

"I feel very honored and humbled to be recognized along with such an impressive group of women," stated Baird after accepting her award. "I am proud to work for a company and with people who support my career, give me the ability to grow and make decisions and also provide the resources to help me along the way. The CREW Network is one of those resources, and I am very fortunate to work with professionals associated with CREW on a regular basis."

Baird, who serves as national counsel for First American Exchange, currently oversees the Northern California Reverse Exchange Department. Prior to joining First American in 2006, she was in private practice in San Francisco. Baird received her juris doctor from the University of California, Berkeley, Boalt Hall School of Law, and her B.B.A. from the University of San Diego.

About the CREW Network

The mission of the CREW Network is to advance the success of women in commercial real estate by bringing more women into the industry, showcasing member successes and serving as a key resource to its members and the industry. The CREW Network, which represents all disciplines of commercial real estate, is comprised of more than 8,000 commercial real estate professionals in 67 chapters across North America.

About First American Exchange Company

A wholly owned subsidiary of First American Title Insurance Company, First American Exchange Company is a leading national provider of 1031 exchange intermediary services. It handles forward, reverse, build-to-suit and personal property exchanges. These transactions permit investors to defer capital gains taxes on the sale of certain types of business or investment property, including both real estate and personal property. For more information about First American Exchange, go to www.firstexchange.com.

About First American Title Insurance Company

First American Title Insurance Company, the largest subsidiary of The First American Corporation (NYSE: FAF), traces its history to 1889. One of the largest title insurers in the nation, the company offers title services through its direct operations and an extensive network of agents throughout the United States and abroad. The company has its headquarters in Santa Ana, Calif. Information about The First American Corporation's subsidiaries and an archive of its press releases can be found on the Internet at www.firstam.com.

    Media Contact:                        Investor Contact:
    Carrie Gaska                          Mark Seaton
    Corporate Communications              Investor Relations
    The First American Corporation        The First American Corporation
    (714) 250-3298 - cgaska@firstam.com   (714) 250-4264 - mseaton@firstam.com

SOURCE First American Exchange Company, LLC

http://www.firstexchange.com

First American also announced the commencement of a subsequent offering period for First Advantage Class A common stock. The subsequent offering period will expire at 5 p.m. Eastern time on Nov. 17, 2009, unless extended. Any such extension will be followed by a public announcement no later than 9 a.m. Eastern time on the next business day after the subsequent offering period is scheduled to expire.

All shares of First Advantage Class A common stock validly tendered during the subsequent offering period will be immediately accepted and promptly paid for, with tendering stockholders receiving the same per share consideration as provided during the initial offering period - 0.58 of a First American common share. Procedures for tendering First Advantage shares during the subsequent offering period are the same as during the initial offering period, except that (1) First Advantage shares cannot be delivered by the guaranteed delivery procedures and (2) as permitted by Securities and Exchange Commission ("SEC") rules, shares tendered during the subsequent offering period may not be withdrawn.

Promptly following completion of the subsequent offering period, First American intends to cause First Advantage to be merged with a subsidiary of First American. In the merger, each remaining First Advantage Class A common stock held by the public will be converted into the same consideration offered in the exchange offer. Following the merger, First Advantage will be a wholly owned subsidiary of First American and will be delisted from the NASDAQ Stock Market.

About First American

The First American Corporation (NYSE: FAF) is a FORTUNE 500(R) company that traces its history to 1889. With total revenues of approximately $6.2 billion in 2008, it is America's largest provider of business information. First American combines advanced analytics with its vast data resources to supply businesses and consumers with valuable information products to support the major economic events of people's lives, such as getting a job, renting an apartment, buying a car or house, securing a mortgage and opening or buying a business. The First American Family of Companies, many of which command leading market share positions in their respective industries, operate within five primary business segments, including: Title Insurance and Services, Specialty Insurance, Information and Outsourcing Solutions, Data and Analytic Solutions, and Risk Mitigation and Business Solutions. More information about the company and an archive of its press releases can be found at www.firstam.com.

Important Information About the Exchange Offer

The description contained in this press release is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell securities. In connection with the offer to exchange, First American filed a Final Prospectus with the SEC on Nov. 10, 2009 (the "Final Prospectus"), which forms part of First American's Registration Statement on Form S-4, as amended, and a tender offer statement on Schedule TO with the SEC. The offer to exchange is being made only pursuant to the Final Prospectus and the related letter of transmittal. First Advantage stockholders should read the Final Prospectus, and any other filings made by First American with the SEC in connection with the exchange offer, as they contain important information. The Final Prospectus and Schedule TO, as well as First American's other public SEC filings, can be obtained at www.firstam.com and also from MacKenzie Partners, Inc., the information agent for the exchange offer, by requesting by mail at 105 Madison Avenue, New York, N.Y. 10016, or by phone, toll free at (800) 322-2885 or collect at (212) 929-5500. Public filings for First American can be obtained without charge at the SEC's Web site at www.sec.gov.

Forward-Looking Statements

Certain statements made in this press release, including but not limited to those related to the merger of a subsidiary of First American with and into First Advantage and the delisting of First Advantage from the NASDAQ Stock Market, are "forward-looking statements." These forward-looking statements may contain the words "intend," "anticipate," "expect," "plan," "predict," "estimate," "project," "will be," "will continue," "will likely result," or other similar words and phrases. 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 legal impediments to any merger of a First American subsidiary with First Advantage and other factors described in the Final Prospectus. The forward-looking statements speak only as of the date they are made. Except as required by law, First American 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 Gaska                          Mark Seaton
    Corporate Communications              Investor Relations
    The First American Corporation        The First American Corporation
    (714) 250-3298 * cgaska@firstam.com   (714) 250-4264 * mseaton@firstam.com

SOURCE The First American Corporation

http://www.firstam.com

Criteria considered for the G.I. Jobs Military-Friendly Employers(R) ranking includes assets dedicated to military hiring, military Reserve and National Guard policies, percentage of new hires who are veterans and veteran training programs.

"The men and women of the U.S. Armed Forces stand ready to make the ultimate sacrifice for all of us here at home," said Parker Kennedy, chairman and chief executive officer of The First American Corporation. "But beyond that, many active and reserve service men and women make significant financial, career and family sacrifices to serve their country. Hiring veterans, setting up training programs and putting in place policies to financially protect these brave individuals and their families, while they serve and when they return, is the least we can do. It is good citizenship and good business."

"The atmosphere at First American is incredibly supportive of our men and women who are currently serving," explained Jack Balderson, a former United States Marine who now works at First American. "It is evidenced by the huge turnouts of our associates who regularly gather at the airport to welcome home the troops from Iraq and Afghanistan and in the company's recruiting and leave policies."

About G.I. Jobs

Since 2001, G.I. Jobs (http://www.gijobs.com/) has published a monthly magazine and Web site catering to military job seekers. A full list of Military-Friendly Employers(R) can be found at www.gijobs.com/mfe

About First American

The First American Corporation (NYSE: FAF) is a FORTUNE 500(R) company that traces its history to 1889. With revenues of approximately $6.2 billion in 2008, it is America's largest provider of business information. First American combines advanced analytics with its vast data resources to supply businesses and consumers with valuable information products to support the major economic events of people's lives, such as getting a job, renting an apartment, buying a car or house, securing a mortgage and opening or buying a business. The First American Family of Companies, many of which command leading market share positions in their respective industries, operate within five primary business segments, including: Title Insurance and Services, Specialty Insurance, Information and Outsourcing Solutions, Data and Analytic Solutions, and Risk Mitigation and Business Solutions. More information about the company and an archive of its press releases can be found at www.firstam.com.

    Media Contact:                       Investor Contact:
    Carrie Gaska                         Mark Seaton
    Corporate Communications             Investor Relations
    The First American Corporation       The First American Corporation
    (714) 250-3298 * cgaska@firstam.com  (714) 250-4264 * mseaton@firstam.com

SOURCE The First American Corporation

http://www.firstam.com