Fidelity National Financial and London Bridge Group Announce Default Services Partnership

October 14, 2001

Fidelity National Financial, Inc., (NYSE: FNF), the nation’s largest provider of title insurance and real estate related products and services, and London Bridge Group, the leading technology provider in the world for default servicing technologies, today announced the signing of a partnership agreement that will bring a comprehensive default solution to the mortgage industry.

Under the terms of the agreement, FNF will license three London Bridge Default Products, FORTRACS, BridgeLink and LenStar through its National Default Services division, which includes, Foreclosure and Bankruptcy Services, Loan Portfolio Services, Asset Management (REO), Inspection and Field Services, Agency Sales and Posting and National Title Default products. The combination will provide the default community with blended pricing, proven technology to support default services, electronic desktop order and delivery of services and significant efficiencies that will reduce the overall cost of servicing loans.

"This agreement provides a common distribution platform for all of our default services, and signals our commitment to the highest quality suite of default solutions and the growth of our Default Services businesses," said Ernest D. Smith, Executive Vice President of Fidelity National Financial, Inc. "It also provides our default services customers with the ability to order bundled services in an automated and efficient electronic format."

"By combining and integrating default technologies with collateral services and outsourcing solutions, we will offer the most efficient, cost effective and comprehensive default solution to the mortgage servicing industry today," said Dave Demster, President of the London Bridge Group Mortgage Division. "We believe that the default services marketplace will receive enormous benefit from the combination of Fidelity’s wide array of products and services and London Bridge’s leading edge technology solutions."

Fidelity National Financial, Inc. is the nation's largest title insurance and diversified real estate related services company. The Company's title insurance underwriters -- Fidelity National Title, Chicago Title, Ticor Title, Security Union Title and Alamo Title -- together issue approximately 30 percent of all title insurance policies nationally. The company provides title insurance in 49 states, the District of Columbia, Guam, Mexico, Puerto Rico, the U.S. Virgin Islands and Canada.

In addition, Fidelity, through its principal subsidiaries, performs other real estate-related services such as escrow, flood certifications, real estate tax services, credit reporting, property appraisal services, exchange intermediary services in connection with real estate transactions, loan portfolio services, field services, default services, foreclosure publishing and posting services, reconveyances, home warranty insurance and real estate information and technology services. More information about the Company can be found on Fidelity's website, located at www.fnf.com.

London Bridge Group is the premier global provider of technology solutions for the financial services industry. It has over 600 customers worldwide and provides a comprehensive and unique portfolio of software and eCommerce solutions, including Customer and Enterprise Software, Intelligent Banking Software, Credit Management Software and Mortgage Lending software. In the world of mortgage lending, London Bridge Group offers solutions to streamline and enhance the entire loan process from origination through servicing and default management.

London Bridge Group employs more than 750 people and has offices in Atlanta, Charlotte, Alisa Viejo, Orlando, New York, Denver, London, Stratford (UK), Australia, New Zealand and Singapore. London Bridge Software Holding plc is listed on the London Stock Exchange.

This press release contains forward-looking statements. The words "believe", "expects", "intend", "anticipate", "will", and "project", and other similar expressions identify forwardlooking statements, which speak only as of the date the statement was made. The companies undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to, the effect of governmental regulations, competition and other risks detailed from time to time in each company’s filings with the Securities and Exchange Commission.

SOURCE: Fidelity National Financial, Inc. and London Bridge Group

CONTACTS: Daniel Kennedy Murphy, Senior Vice President, Finance and Investor Relations of Fidelity National Financial, 805-696-7218, dkmurphy@fnf.com; Jack Schiff, Vice President, Sales and Marketing of London Bridge Group, 770-810-8379, jschiff@lbss.com