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O.C. BUSINESS PLUS | ORANGE COUNTY EARNINGS

American National Reports Loss

May 11, 2000

American National Financial Inc., an Irvine real estate services company, said it lost $332,000, or 5 cents a share, for the first quarter, contrasted with net income of $2.8 million, or 46 cents a share, for the 1999 first quarter. Revenue declined 27% to $17.7 million. The company said quarterly results were hurt by rising interest rates and a continuing decline in refinance activity.

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