Exhibit 99.1

PRESS RELEASE

Fidelity National Financial, Inc. Reports Second Quarter 2006 EPS of $0.73

Jacksonville, Fla. — (July 25, 2006) — Fidelity National Financial, Inc. (NYSE:FNF), a Fortune 500 provider of outsourced products and services to a variety of industries, today reported operating results for the three-month and six-month periods ended June 30, 2006.

	2nd Quarter 2006	2nd Quarter 2005
Total revenue	$2.65 billion	$2.43 billion
Earnings per diluted share *	$0.73*	$1.07
Net earnings	$132.6 million	$190.0 million
Cash flow from operations	$335.6 million	$451.9 million

	Six Months Ended	Six Months Ended
	June 30, 2006	June 30, 2005
Total revenue	$5.01 billion	$4.71 billion
Gain on sale of minority interest in FIS	—	($318.2 million)
Adjusted Total Revenue	$5.01 billion	$4.39 billion
Earnings per diluted share *	$1.32*	$3.58
Net earnings	$239.0 million	$634.5 million
Gain on sale of minority interest in FIS	—	($318.2 million)
Adjusted net earnings	$239.0 million	$316.3 million
Adjusted earnings per share *	$1.32*	$1.79
Cash flow from operations	$343.6 million	$573.0 million
Income tax paid on FNT distribution	$108.8 million	—
Adjusted cash flow from operations	$452.4 million	$573.0 million

* For purposes of computing earnings per diluted share, FNF has to analyze the dilutive impact of outstanding options at its public subsidiaries, Fidelity National Title Group, Inc. and Fidelity National Information Services, Inc., and, if necessary, adjust the net earnings available to FNF shareholders before calculating earnings per diluted share. For the three-month and six month periods ended June 30, 2006, net earnings were reduced by $1.2 million and $1.6 million, respectively, resulting in a reduction of $0.01 in earnings per diluted share for each period.

     “This was another solid financial quarter for FNF,” said Chairman and Chief Executive Officer William P. Foley, II. “FNT is producing solid returns and significant cash flow in a slower mortgage market. FIS again generated strong organic growth and has raised its full-year 2006 organic growth guidance to a range of 5% to 7% and its full-year 2006 EBITDA growth guidance to a range of 10% to 12%. Our specialty insurance businesses continued to provide greater than 25% growth and the flood insurance operations acquired the existing 63,000 flood insurance policies of Southern Family Insurance Company on June 28^th. Finally, Sedgwick announced two acquisitions during the quarter that has it on its way to achieving our target of becoming a $1 billion revenue business. We also continue to make progress towards the closing of the transactions we announced in late April. On June 26^th, we announced that FNF and FNT had signed a formal Securities Exchange and Distribution Agreement and that FNF and FIS had signed a merger agreement under which FNF would be merged with and into FIS. On July 18^th, we filed the Schedule 14C Preliminary Information Statement related to the FNF/FNT transaction and the Form S-4 Registration Statement and joint proxy statement related to the FNF/FIS merger with the SEC. We expect to close the transactions early in the fourth quarter.”

     The following are summary financial results for the operating subsidiaries of FNF for the three-month and six-month periods ending June 30, 2006 and 2005:

     Fidelity National Title Group (“FNT”)

	2nd Quarter 2006	2nd Quarter 2005
Total revenue	$1.566 billion	$1.687 billion
Pre-tax margin	11.6%	15.4%
Net earnings	$116.5 million	$160.6 million
Net earnings per share — diluted	$0.67	$0.93
Cash flow from operations	$221.7 million	$332.0 million
Return on average equity	18.4%	22.3%

	Six Months Ended	Six Months Ended
	June 30, 2006	June 30, 2005
Total revenue	$2.959 billion	$2.952 billion
Pre-tax margin	10.3%	13.2%
Net earnings	$195.6 million	$242.9 million
Net earnings per share — diluted	$1.13	$1.40
Cash flow from operations	$301.9 million	$391.2 million
Return on average equity	15.6%	17.0%

     Fidelity National Information Services (“FIS”)

	2nd Quarter 2006	2nd Quarter 2005
Total revenue	$1,024.4 million	$710.8 million
Pro forma organic growth rate	3.8%	N/A
Net earnings	$66.0 million	$48.6 million
EBITDA	$263.1 million	$193.0 million
Free cash flow	$96.2 million	$60.1 million
Cash earnings	$94.6 million	$69.5 million

	Six Months Ended	Six Months Ended
	June 30, 2006	June 30, 2005
Total revenue	$1,928.1 million	$1,363.8 million
Pro forma organic growth rate	6.2%	N/A
Net earnings	$105.4 million	$93.2 million
EBITDA	$464.7 million	$355.7 million
Free cash flow	$163.1 million	$138.4 million
Cash earnings	$158.5 million	$136.1 million

     Specialty Insurance

	2nd Quarter 2006	2nd Quarter 2005
Total revenue	$101.4 million	$79.1 million
Pre-tax margin	15.3%	14.5%
Pre-tax earnings	$15.5 million	$11.5 million

	Six Months Ended	Six Months Ended
	June 30, 2006	June 30, 2005
Total revenue	$211.8 million	$156.0 million
Pre-tax margin	22.6%	16.0%
Pre-tax earnings	$47.9 million	$25.0 million

     FNF presents its financial results in accordance with Generally Accepted Accounting Principles (“GAAP”). However, in order to provide the investment community with a more thorough means of evaluating the operating performance of its operations, FNF also reports several non-GAAP measures, including earnings before interest, taxes, depreciation and amortization (“EBITDA”), net earnings plus depreciation and amortization less capital expenditures (“Free Cash Flow”) and net earnings plus other intangible amortization, net of income tax (“Cash Earnings”). Any non-GAAP measures should be considered in context with the GAAP financial presentation and should not be considered in isolation or as a substitute for GAAP net earnings.

     Fidelity National Financial, Inc. (NYSE:FNF), number 248 on the Fortune 500, is a provider of outsourced products and services to a variety of industries. Through its majority-owned, publicly traded subsidiary, Fidelity National Title Group, Inc. (NYSE:FNT), FNF is one of the nation’s largest title insurance companies, with nearly 29 percent national market share. Through its majority-owned, publicly traded subsidiary, Fidelity National Information Services, Inc. (NYSE:FIS), FNF provides an industry leading suite of data processing, payment and risk management services to financial institutions and retailers. Through its wholly-owned

subsidiaries, FNF is also a leading provider of specialty insurance products, including flood insurance, homeowners insurance and home warranty insurance. Through its minority-owned subsidiary, Sedgwick CMS, FNF is a leading provider of outsourced insurance claims management services to large corporate and public sector entities. More information about the FNF family of companies can be found at www.fnf.com, www.fntg.com, www.fidelityinfoservices.com and www.sedgwickcms.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; the possibility of the announced reorganization will not be completed, will be completed in a different form or with different effects on stockholders than described or will not be successful in achieving the goals targeted; 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,
	2006		2005		2006		2005
	(Unaudited)				(Unaudited)
Direct title premiums	$	525,450	$	583,035	$	994,372	$	1,060,855
Agency title premiums		690,530		750,166		1,296,584		1,260,946
Total title premiums		1,215,980		1,333,201		2,290,956		2,321,801
Escrow and other title-related fees		287,197		298,812		540,724		540,966
Total title and escrow		1,503,177		1,632,013		2,831,680		2,862,767
Transaction processing services		976,067		659,156		1,819,266		1,265,721
Specialty insurance		97,708		77,320		204,451		152,828
Interest and investment income		54,134		31,290		102,064		57,714
Realized gains and losses		8,681		21,699		25,316		25,582
Gain on FIS transaction		0		0		0		318,209
Other		14,040		13,413		26,801		23,708
Total revenue		2,653,807		2,434,891		5,009,578		4,706,529
Personnel costs		891,841		808,115		1,769,772		1,555,192
Other operating expenses		611,099		449,707		1,105,715		843,524
Agent commissions		529,082		576,205		998,789		967,671
Depreciation and amortization		137,969		105,232		262,600		202,559
Claim loss expense		124,075		110,802		238,567		197,966
Interest expense		62,960		47,028		117,605		71,535
Total expenses		2,357,026		2,097,089		4,493,048		3,838,447
Earnings before income taxes		296,781		337,802		516,530		868,082
Income tax expense		110,402		130,053		192,149		210,388
Minority interest		53,758		17,707		85,389		23,155
Net earnings	$	132,621	$	190,042	$	238,992	$	634,539
Net earnings per share — basic	$	0.76	$	1.10	$	1.37	$	3.67
Net earnings per share — diluted	$	0.73	$	1.07	$	1.32	$	3.58
Weighted average shares — basic		175,438		172,404		174,647		172,773
Weighted average shares — diluted		180,318		176,873		179,788		177,109
Direct operations orders opened		847,900		990,100		1,679,300		1,867,000
Direct operations orders closed		554,100		637,700		1,080,800		1,197,100

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

													Specialty			Corporate
Three Months Ended June 30, 2006	Consolidated			Eliminations			FNTG			FIS			Insurance			and Other
Gross operating revenue	$	2,590,992			($45,428	)	$	1,512,775		$	1,021,947		$	97,708		$	3,990
Interest and investment income		54,134			0			46,717			1,430			3,793			2,194
Realized gains and losses		8,681			0			6,107			1,016			(52	)		1,610
Total revenue		2,653,807			(45,428	)		1,565,599			1,024,393			101,449			7,794
Personnel costs		891,841			(6,697	)		466,221			415,992			11,067			5,258
Other operating expenses		611,099			(20,478	)		242,645			342,541			40,000			6,391
Agent commissions		529,082			(18,253	)		544,169			0			0			3,166
Depreciation		42,023			0			17,718			24,061			146			98
Amortization		95,946			0			9,476			86,313			1,356			(1,199	)
Claim loss expense		124,075			0			91,017			120			33,082			(144	)
Interest expense		62,960			0			12,374			49,033			325			1,228
Total expenses		2,357,026			(45,428	)		1,383,620			918,060			85,976			14,798
Pretax earnings		296,781			0			181,979			106,333			15,473			(7,004	)
Pretax margin		11.2	%		—			11.6	%		10.4	%		15.3	%		—
Open orders		847,900			—			697,200			150,700			—			—
Closed orders		554,100			—			473,800			80,300			—			—

													Specialty			Corporate
Three Months Ended June 30, 2005	Consolidated			Eliminations			FNTG			FIS			Insurance			and Other
Gross operating revenue	$	2,381,902			($54,787	)	$	1,644,151		$	708,713		$	77,320		$	6,505
Interest and investment income		31,290			0			24,576			331			1,698			4,685
Realized gains and losses		21,699			0			18,486			1,723			72			1,418
Total revenue		2,434,891			(54,787	)		1,687,213			710,767			79,090			12,608
Personnel costs		808,115			0			479,943			316,526			9,127			2,519
Other operating expenses		449,707			(35,676	)		241,358			199,626			33,349			11,050
Agent commissions		576,205			(19,111	)		595,220			(526	)		0			622
Depreciation		32,638			0			17,128			15,377			57			76
Amortization		72,594			0			7,395			59,985			891			4,323
Claim loss expense		110,802			0			86,451			137			24,143			71
Interest expense		47,028			0			421			36,388			23			10,196
Total expenses		2,097,089			(54,787	)		1,427,916			627,513			67,590			28,857
Pretax earnings		337,802			0			259,297			83,254			11,500			(16,249	)
Pretax margin		13.9	%		—			15.4	%		11.7	%		14.5	%		—
Open orders		990,100			—			829,500			160,600			—			—
Closed orders		637,700			—			560,400			77,300			—			—

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

													Specialty			Corporate
Six Months Ended June 30, 2006	Consolidated			Eliminations			FNTG			FIS			Insurance			and Other
Gross operating revenue	$	4,882,198			($103,164	)	$	2,853,521		$	1,922,882		$	204,451		$	4,508
Interest and investment income		102,064			0			84,729			3,139			7,449			6,747
Realized gains and losses		25,316			0			20,613			2,039			(56	)		2,720
Total revenue		5,009,578			(103,164	)		2,958,863			1,928,060			211,844			13,975
Personnel costs		1,769,772			(11,932	)		918,656			829,212			22,382			11,454
Other operating expenses		1,105,715			(54,364	)		453,538			628,605			71,027			6,909
Agent commissions		998,789			(36,868	)		1,032,537			0			0			3,120
Depreciation		83,345			0			35,337			47,515			293			200
Amortization		179,255			0			18,094			159,654			2,679			(1,172	)
Claim loss expense		238,567			0			171,738			185			66,951			(307	)
Interest expense		117,605			0			23,700			92,301			581			1,023
Total expenses		4,493,048			(103,164	)		2,653,600			1,757,472			163,913			21,227
Pretax earnings		516,530			0			305,263			170,588			47,931			(7,252	)
Pretax margin		10.3	%		—			10.3	%		8.8	%		22.6	%		—
Open orders		1,679,300			—			1,381,000			298,300			—			—
Closed orders		1,080,800			—			910,100			170,700			—			—

													Specialty			Corporate
Six Months Ended June 30, 2005	Consolidated			Eliminations			FNTG			FIS			Insurance			and Other
Gross operating revenue	$	4,305,024			($95,331	)	$	2,885,081		$	1,360,293		$	152,828		$	2,153
Interest and investment income		57,714			0			45,430			3,093			3,077			6,114
Realized gains and losses		343,791			0			21,922			435			68			321,366
Total revenue		4,706,529			(95,331	)		2,952,433			1,363,821			155,973			329,633
Personnel costs		1,555,192			0			904,603			628,621			17,552			4,416
Other operating expenses		843,524			(57,280	)		451,093			376,282			64,374			9,055
Agent commissions		967,671			(38,051	)		1,005,121			(526	)		0			1,127
Depreciation		66,020			0			34,822			31,029			74			95
Amortization		136,539			0			14,567			120,074			1,893			5
Claim loss expense		197,966			0			150,677			212			47,048			29
Interest expense		71,535			0			724			49,809			23			20,979
Total expenses		3,838,447			(95,331	)		2,561,607			1,205,501			130,964			35,706
Pretax earnings		868,082			0			390,826			158,320			25,009			293,927
Pretax margin		18.4	%		—			13.2	%		11.6	%		16.0	%		—
Open orders		1,867,000			—			1,577,200			289,800			—			—
Closed orders		1,197,100			—			1,048,900			148,200			—			—

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

	June 30,		December 31,
	2006		2005
	(Unaudited)
Cash and investment portfolio	$	5,117,479	$	5,077,583
Goodwill		4,732,792		2,873,861
Capitalized software		711,272		530,341
Other intangible assets		1,223,257		641,420
Total assets		14,404,379		11,104,617
Notes payable		3,519,942		3,217,019
Reserve for claim losses		1,186,360		1,113,506
Secured trust deposits		1,001,727		882,602
Total stockholders’ equity		4,356,921		3,279,775
Book value per share		24.72		18.84

FIDELITY NATIONAL FINANCIAL, INC.
FIS SEGMENT NET EARNINGS TO EBITDA RECONCILIATIONS
(In thousands)
(Unaudited)

For the Three Months Ended
June 30, 2006
Net Earnings	$	66,029
+ Interest Expense		49,033
+ Income Taxes		40,621
+ Depreciation		24,061
+ Amortization		86,313
+ Minority Interest		(317	)
- Other Income		(2,650	)
EBITDA	$	263,090

For the Three Months Ended
June 30, 2005
Net Earnings	$	48,576
+ Interest Expense		36,388
+ Income Taxes		32,069
+ Depreciation		15,377
+ Amortization		59,985
+ Minority Interest		2,609
- Other Income		(2,053	)
EBITDA	$	192,951

For the Six Months Ended
June 30, 2006
Net Earnings	$	105,387
+ Interest Expense		92,301
+ Income Taxes		65,207
+ Depreciation		47,515
+ Amortization		159,654
+ Minority Interest		(6	)
- Other Income		(5,363	)
EBITDA	$	464,695

For the Six Months Ended
June 30, 2005
Net Earnings	$	93,172
+ Interest Expense		49,809
+ Income Taxes		60,894
+ Depreciation		31,029
+ Amortization		120,074
+ Minority Interest		4,254
- Other Income		(3,528	)
EBITDA	$	355,704

FIDELITY NATIONAL FINANCIAL, INC.
FIS SEGMENT NET EARNINGS TO FREE CASH FLOWS RECONCILIATIONS
(In thousands)
(Unaudited)

For the Three Months Ended
June 30, 2006
Net Earnings	$	66,029
+ Depreciation		24,061
+ Amortization		86,313
- Capital Expenditures		(80,156	)
Free Cash Flow	$	96,247

For the Three Months Ended
June 30, 2005
Net Earnings	$	48,576
+ Depreciation		15,377
+ Amortization		59,985
- Capital Expenditures		(63,883	)
Free Cash Flow	$	60,055

For the Six Months Ended
June 30, 2006
Net Earnings	$	105,387
+ Depreciation		47,515
+ Amortization		159,654
- Capital Expenditures		(149,420	)
Free Cash Flow	$	163,136

For the Six Months Ended
June 30, 2005
Net Earnings	$	93,172
+ Depreciation		31,029
+ Amortization		120,074
- Capital Expenditures		(105,895	)
Free Cash Flow	$	138,380

FIDELITY NATIONAL FINANCIAL, INC.
FIS SEGMENT NET EARNINGS TO CASH EARNINGS RECONCILIATIONS
(In thousands)
(Unaudited)

For the Three Months Ended
June 30, 2006
Net Earnings	$	66,029
+ Amortization of Intangibles, Net of Income Tax		28,597
Cash Earnings	$	94,626

For the Three Months Ended
June 30, 2005
Net Earnings	$	48,576
+ Amortization of Intangibles, Net of Income Tax		20,946
Cash Earnings	$	69,522

For the Six Months Ended
June 30, 2006
Net Earnings	$	105,387
+ Amortization of Intangibles, Net of Income Tax		53,117
Cash Earnings	$	158,504

For the Six Months Ended
June 30, 2005
Net Earnings	$	93,172
+ Amortization of Intangibles, Net of Income Tax		42,916
Cash Earnings	$	136,088

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