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ORANGE COUNTY EARNINGS

May 01, 1996

Fidelity National Financial Inc.: The Irvine title insurance underwriter reported first quarter profit of $5.1 million, or 40 cents a share, contrasted with a net loss of $3.3 million, or 25 cents a share, for the same period in 1995. Revenue increased 52% to $126.4 million, from $83.1 million. The company attributed the turnaround to continued lower mortgage interest rates, an improving real estate market and an expanded presence.

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