Fairfax Subsidiary Receives Subpoena in SEC Probe of GenRe

June 27, 2005

Canada’s Fairfax Financial Holdings Limited has announced that its subsidiary, Fairmont Specialty Group, has received a subpoena from the Securities and Exchange Commission requesting documents regarding “any non-traditional insurance product transactions entered into by Fairmont with General Re Corporation or affiliates thereof.”

The brief announcement said “Fairmont is cooperating with that request.”