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15 February 2008
Fairfax authorized as a US Broker-Dealer
Fairfax I.S. PLC (“Fairfax”) is pleased to announce that through its subsidiary, Fairfax I.S. (US) LLC (“Fairfax US”), a United States corporation it has today obtained regulated status as a dealer broker with the Financial Industry Regulatory Authority, (FINRA), the non-governmental regulator for all securities firms doing business in the United States. With offices in New York, Fairfax US will provide a distribution network in the United States. Fairfax US intends to offer its US clients with a full range of products and services including proprietary research, sales and trading in companies listed on the London Stock Exchange, the Alternative Investment Market, other European markets and also working in conjunction with Fairfax Middle East on giving access to the MENA Region transactions and capital markets

Authorization as a US registered broker-dealer continues the stated strategy of providing an all round investment banking service to clients.