Exhibit 99.1

PRESS RELEASE

Fidelity National Financial, Inc. Reports Second Quarter 2008 EPS of $0.03

Jacksonville, Fla. — (July 23, 2008) — Fidelity National Financial, Inc. (NYSE:FNF), a leading provider of title insurance, specialty insurance, claims management services and information services, today reported operating results for the three-month and six-month periods ended June 30, 2008.

	Three Months Ended	Three Months Ended
	June 30, 2008	June 30, 2007
Total revenue	$1.18 billion	$1.50 billion
Pre-tax margin	1.1%	8.5%
Net earnings	$  6.9 million	$84.8 million
Net earnings per diluted share	$0.03	$0.38
Cash flow from operations	$12.6 million	$144.6 million

	Six Months Ended	Six Months Ended
	June 30, 2008	June 30, 2007
Total revenue	$2.32 billion	$2.86 billion
Pre-tax margin	2.2%	8.8%
Net earnings	$34.2 million	$168.2 million
Net earnings per diluted share	$0.16	$0.75
Cash flow from (used in) operations	$(62.3 million)	$229.7 million

     The following are summary financial and operational results for the operating segments of FNF for the three-month and six-month periods ended June 30, 2008 and 2007:

     Fidelity National Title Group (“FNT”)

	Three Months Ended	Three Months Ended
	June 30, 2008	June 30, 2007
Total revenue	$1.04 billion	$1.36 billion
Pre-tax earnings	$5.1 million	$130.0 million
Pre-tax margin	0.5%	9.5%

	Six Months Ended	Six Months Ended
	June 30, 2008	June 30, 2007
Total revenue	$2.05 billion	$2.61 billion
Pre-tax earnings	$58.2 million	$244.2 million
Pre-tax margin	2.8%	9.4%

Month	Direct Orders Opened	Direct Orders Closed	Closing %
April 2008	168,900	113,200	67%
May 2008	156,900	99,800	64%
June 2008	136,800	94,500	69%
Second Quarter 2008	462,600	307,500	66%

Month	Direct Orders Opened	Direct Orders Closed	Closing %
April 2007	211,100	136,000	64%
May 2007	215,700	141,200	65%
June 2007	195,300	131,500	67%
Second Quarter 2007	622,100	408,700	66%

	Open	Closed	Commercial
	Commercial	Commercial	Revenue	Commercial
	Orders	Orders	(In thousands)	Fee Per File
2nd Quarter 2008	16,200	9,400	$60,600	$6,400
2nd Quarter 2007	20,000	12,400	$97,300	$7,800

- The preceding table only includes commercial activity from FNF’s commercial offices in the national commercial division and does not attempt to capture potential commercial activity in our local offices.

     Specialty Insurance

	Three Months Ended	Three Months Ended
	June 30, 2008	June 30, 2007
Total revenue	$97.1 million	$103.8 million

	Three Months Ended	Three Months Ended
	June 30, 2008	June 30, 2007
Pre-tax earnings	$13.2 million	$13.9 million
Pre-tax margin	13.6%	13.4%

	Six Months Ended	Six Months Ended
	June 30, 2008	June 30, 2007
Total revenue	$185.6 million	$202.8 million
Pre-tax earnings	$22.6 million	$39.3 million
Pre-tax margin	12.2%	19.4%

     “We continued to navigate our way through an extremely challenging market during the second quarter,” said Chairman William P. Foley, II. “Order counts weakened throughout the quarter, despite the fact that we were operating in the normally seasonally strong spring and summer months. In the midst of this difficult operating environment, we remained focused on the cost side of the equation, eliminating more than 1,200 positions in our title field operations and an additional 400 positions in other areas of the company. Nearly all of those cuts came in June so our reported earnings do not reflect any real benefit from those late quarter staffing reductions. Additionally, we continued to close title and escrow offices throughout the quarter, incurring $10 million in accelerated lease termination costs from the closing of nearly 90 branches. Finally, we decided to increase our provision for losses to 8.5% for the full-year 2008, resulting in a 9.5% provision in the second quarter that moves our provision up to that 8.5% target for the first six months of the year. We expect to provide an 8.5% provision for the last two quarters of 2008. With respect to our other businesses, we continue to make progress on monetizing the value of some of those assets, most notably the sale of a portion of our investment in Sedgwick. In early June, we announced the sale of 20% of our 40% ownership stake in Sedgwick to UnitedHealth Group, receiving approximately $54 million in proceeds. Our investment related to this 20% stake was approximately $29 million, which includes our share of income since our original investment of $26 million in January 2006. This sale resulted in more than a double on our original investment and we recorded a $25 million pre-tax gain in

the quarter. We believe the sale of this portion of our Sedgwick ownership stake provides another example of our ability to create significant value for our shareholders. Our ownership percentage in Sedgwick is now 32%. We also continue to move through the process on the specialty insurance sale, as multiple parties have expressed interest, and we expect to be in a position to announce the signing of a definitive agreement in the upcoming months. Finally, we continued to consistently repurchase stock during the second quarter, buying 2.2 million shares from late April through June at a total cost of approximately $33 million. As we move through the second half of 2008, we will remain focused on maximizing the profitability of our title business through continued cost reductions throughout our operations, as well as monetizing the value of some of our other assets, most notably the completion of the sale of our specialty insurance business.”

     Fidelity National Financial, Inc. (NYSE:FNF), is a leading provider of title insurance, specialty insurance, claims management services and information services. FNF is one of the nation’s largest title insurance companies through its title insurance underwriters — Fidelity National Title, Chicago Title, Ticor Title, Security Union Title and Alamo Title — that issue approximately 27 percent of all title insurance policies in the United States. FNF also provides flood insurance, personal lines insurance and home warranty insurance through its specialty insurance business. FNF also is a leading provider of outsourced claims management services to large corporate and public sector entities through its minority-owned subsidiary, Sedgwick CMS. FNF is also a leading information services company in the human resource, retail and transportation markets through another minority-owned subsidiary, Ceridian Corporation. More information about FNF can be found at www.fnf.com.

     This press release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements are based on management’s beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future economic

performance and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to: changes in general economic, business and political conditions, including changes in the financial markets; adverse changes in the level of real estate activity, which may be caused by, among other things, high or increasing interest rates, a limited supply of mortgage funding or a weak U. S. economy; our potential inability to find suitable acquisition candidates, acquisitions in lines of business that will not necessarily be limited to our traditional areas of focus, or difficulties in integrating acquisitions; our dependence on operating subsidiaries as a source of cash flow; significant competition that our operating subsidiaries face; compliance with extensive government regulation of our operating subsidiaries; and other risks detailed in the “Statement Regarding Forward-Looking Information,” “Risk Factors” and other sections of the Company’s Form 10-K and other filings with the Securities and Exchange Commission.

SOURCE: Fidelity National Financial, Inc.
CONTACT: Daniel Kennedy Murphy, Senior Vice President, Finance and Investor Relations, 904-854-8120, dkmurphy@fnf.com

FIDELITY NATIONAL FINANCIAL, INC.
SUMMARY OF EARNINGS
(In thousands, except per share amounts and order information)

	Three months ended						Six months ended
	June 30,						June 30,
	2008			2007			2008			2007
	(Unaudited)						(Unaudited)
Direct title premiums	$	321,040		$	448,504		$	625,819		$	867,101
Agency title premiums		423,915			597,862			847,351			1,140,008
Total title premiums		744,955			1,046,366			1,473,170			2,007,109
Escrow, title-related and other fees		292,838			299,476			566,459			556,456
Total title and escrow		1,037,793			1,345,842			2,039,629			2,563,565
Specialty insurance		94,161			99,731			178,988			194,729
Interest and investment income		30,053			45,528			72,073			93,505
Realized gains and losses		17,791			3,899			26,268			10,281
Total revenue		1,179,798			1,495,000			2,316,958			2,861,880
Personnel costs		366,254			452,752			728,132			888,012
Other operating expenses		319,856			296,221			587,726			530,662
Agent commissions		328,800			462,876			656,809			883,033
Depreciation and amortization		34,716			31,192			71,611			60,546
Claim loss expense		100,427			113,083			187,932			224,069
Interest expense		16,218			12,435			34,854			24,412
Total expenses		1,166,271			1,368,559			2,267,064			2,610,734
Earnings before income taxes		13,527			126,441			49,894			251,146
Income tax expense		1,167			40,471			13,342			85,516
Earnings before equity investments and minority interest		12,360			85,970			36,552			165,630
Earnings from equity investments		(6,349	)		(323	)		(4,668	)		1,859
Minority interest		(914	)		812			(2,286	)		(745	)
Net earnings	$	6,925		$	84,835		$	34,170		$	168,234
Net earnings per share — basic	$	0.03		$	0.39		$	0.16		$	0.77
Net earnings per share — diluted	$	0.03		$	0.38		$	0.16		$	0.75
Weighted average shares — basic		210,814			218,707			210,962			218,860
Weighted average shares — diluted		213,107			222,968			213,318			222,940
Direct operations orders opened		462,600			622,100			1,024,800			1,274,500
Direct operations orders closed		307,500			408,700			615,300			799,100
Fee per file	$	1,484		$	1,627		$	1,466		$	1,593
Actual title claims paid	$	67,488		$	72,938		$	143,163		$	128,213

FIDELITY NATIONAL FINANCIAL, INC.
SEGMENT INFORMATION
(In thousands)
(Unaudited)

Three Months Ended							Specialty			Corporate
June 30, 2008	Consolidated			FNT			Insurance			and Other
Gross operating revenue	$	1,131,954		$	1,013,073		$	94,161		$	24,720
Interest and investment income		30,053			26,397			3,425			231
Realized gains and losses		17,791			(2,414	)		(452	)		20,657
Total revenue		1,179,798			1,037,056			97,134			45,608
Personnel costs		366,254			340,521			11,347			14,386
Other operating expenses		319,856			260,656			41,075			18,125
Agent commissions		328,800			328,800			—			—
Depreciation and amortization		34,716			30,058			1,508			3,150
Claim loss expense		100,427			70,605			29,822			—
Interest expense		16,218			1,345			155			14,718
Total expenses		1,166,271			1,031,985			83,907			50,379
Earnings before income taxes		13,527			5,071			13,227			(4,771	)
Income tax expense		1,167			284			4,685			(3,802	)
Earnings before equity investments and minority interest		12,360			4,787			8,542			(969	)
Earnings from equity investments		(6,349	)		471			—			(6,820	)
Minority interest		(914	)		320			—			(1,234	)
Net earnings	$	6,925		$	4,938		$	8,542		$	(6,555	)
Open orders		462,600			462,600			—			—
Closed orders		307,500			307,500			—			—
Pretax margin		1.1	%		0.5	%		13.6	%		—
Three Months Ended							Specialty			Corporate
June 30, 2007	Consolidated			FNT			Insurance			and Other
Gross operating revenue	$	1,445,573		$	1,320,761		$	99,731		$	25,081
Interest and investment income		45,528			41,395			4,071			62
Realized gains and losses		3,899			137			3			3,759
Total revenue		1,495,000			1,362,293			103,805			28,902
Personnel costs		452,752			425,707			11,814			15,231
Other operating expenses		296,221			233,324			41,565			21,332
Agent commissions		462,876			462,852			—			24
Depreciation and amortization		31,192			28,172			1,512			1,508
Claim loss expense		113,083			78,478			34,605			—
Interest expense		12,435			3,723			449			8,263
Total expenses		1,368,559			1,232,256			89,945			46,358
Earnings before income taxes		126,441			130,037			13,860			(17,456	)
Income tax expense		40,471			42,362			5,340			(7,231	)
Earnings before equity investments and minority interest		85,970			87,675			8,520			(10,225	)
Earnings from equity investments		(323	)		1,064			—			(1,387	)
Minority interest		812			1,003			—			(191	)
Net earnings	$	84,835		$	87,736		$	8,520		$	(11,421	)
Open orders		622,100			622,100			—			—
Closed orders		408,700			408,700			—			—
Pretax margin		8.5	%		9.5	%		13.4	%		—

FIDELITY NATIONAL FINANCIAL, INC.
SEGMENT INFORMATION
(In thousands)
(Unaudited)

Six Months Ended							Specialty			Corporate
June 30, 2008	Consolidated			FNT			Insurance			and Other
Gross operating revenue	$	2,218,617		$	1,983,790		$	178,988		$	55,839
Interest and investment income		72,073			63,825			7,004			1,244
Realized gains and losses		26,268			39			(359	)		26,588
Total revenue		2,316,958			2,047,654			185,633			83,671
Personnel costs		728,132			674,842			22,687			30,603
Other operating expenses		587,726			468,731			74,229			44,766
Agent commissions		656,809			656,809			—			—
Depreciation and amortization		71,611			60,147			3,018			8,446
Claim loss expense		187,932			125,218			62,714			—
Interest expense		34,854			3,755			339			30,760
Total expenses		2,267,064			1,989,502			162,987			114,575
Earnings before income taxes		49,894			58,152			22,646			(30,904	)
Income tax expense		13,342			17,578			7,446			(11,682	)
Earnings before equity investments and minority interest		36,552			40,574			15,200			(19,222	)
Earnings from equity investments		(4,668	)		1,435			—			(6,103	)
Minority interest		(2,286	)		400			—			(2,686	)
Net earnings	$	34,170		$	41,609		$	15,200		$	(22,639	)
Open orders		1,024,800			1,024,800			—			—
Closed orders		615,300			615,300			—			—
Pretax margin		2.2	%		2.8	%		12.2	%		—
Six Months Ended							Specialty			Corporate
June 30, 2007	Consolidated			FNT			Insurance			and Other
Gross operating revenue	$	2,758,294		$	2,521,677		$	194,729		$	41,888
Interest and investment income		93,305			82,769			8,074			2,462
Realized gains and losses		10,281			3,298			(28	)		7,011
Total revenue		2,861,880			2,607,744			202,775			51,361
Personnel costs		888,012			836,280			23,413			28,319
Other operating expenses		530,662			431,732			62,617			36,313
Agent commissions		883,033			882,903			—			130
Depreciation and amortization		60,546			55,089			3,070			2,387
Claim loss expense		224,069			150,534			73,535			—
Interest expense		24,412			7,032			854			16,526
Total expenses		2,610,734			2,363,570			163,489			83,675
Earnings before income taxes		251,146			244,174			39,286			(32,314	)
Income tax expense		85,516			83,105			14,909			(12,498	)
Earnings before equity investments and minority interest		165,630			161,069			24,377			(19,816	)
Earnings from equity investments		1,859			1,699			—			160
Minority interest		(745	)		932			—			(1,677	)
Net earnings	$	168,234		$	161,836		$	24,377		$	(17,979	)
Open orders		1,274,500			1,274,500			—			—
Closed orders		799,100			799,100			—			—
Pretax margin		8.8	%		9.4	%		19.4	%		—

FIDELITY NATIONAL FINANCIAL, INC.
SUMMARY BALANCE SHEET INFORMATION
(In thousands, except per share amounts)

	June 30,		December 31,
	2008		2007
	(Unaudited)
Cash and investment portfolio	$	4,262,494	$	4,671,383
Goodwill		1,338,274		1,339,705
Title Plant		334,629		331,888
Total assets		7,248,136		7,587,853
Notes payable		1,196,907		1,167,739
Reserve for claim losses		1,394,921		1,419,910
Secured trust deposits		643,916		689,935
Total stockholders’ equity		3,109,661		3,244,088
Book value per share		14.66		15.23

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