Exhibit 99.1

Stewart Reports Earnings for 2006

          HOUSTON, Feb. 16, 2007 -- Stewart Information Services Corporation (NYSE: STC) today reported the results of its operations for the year and fourth quarter ended December 31, 2006. (Dollar amounts in the table below are in millions, except per share figures.)

	Year 2006		Year 2005
Total revenues	$	2,471.5	$	2,430.6
Pretax earnings before minority interests		84.5		165.0
Net earnings		43.3		88.8
Net earnings per diluted share		2.36		4.86

	Fourth Quarter
	2006		2005
Total revenues	$	645.8	$	629.1
Pretax earnings before minority interests		19.7		21.2	(a)
Net earnings		10.7		9.1	(a)
Net earnings per diluted share		0.59		0.50	(a)

(a) Includes additions to title loss reserves aggregating $10.5 million ($6.8 million after taxes, or $0.37 per diluted share).

          Financial Highlights   

          *  Revenues for the year 2006 set a record high at $2.5 billion. This represented an increase of 1.7 percent compared with the year 2005. Net earnings for 2006 were $43.3 million versus $88.8 million for 2005.   

          *  The increase in revenues for the year 2006 compared to the year 2005 was due primarily to acquisitions, revenues from new agencies, continued growth in revenues from commercial transactions and an increase in international operations.  The increase in revenues was substantially offset by a decline in transaction volume handled by the Company’s direct operations in certain major markets of the country.  The decline was due to a softening real estate market resulting primarily from a higher interest rate environment. Mortgage interest rates averaged 6.4 percent for 2006 compared with 5.9 percent for 2005. Acquisitions increased revenues and pretax earnings by $51.7 million and $2.0 million, respectively, for 2006.   

          *  Pretax earnings (calculated before minority interests) for the year 2006 were $84.5 million compared with $165.0 million in 2005.  Based on pretax earnings, the Company’s profit margin was 3.4 percent for 2006 compared with 6.8 percent for 2005. In comparing 2006 with 2005, the pretax profit margin was negatively impacted by a softening real estate environment resulting primarily from the higher interest rate environment, a higher complement of lower-margin agency business compared to direct operations and a higher provision for policy losses due to an increase in the Company’s loss experience for recent policy years.  The decrease in pretax profit margin was somewhat offset by the higher level of commercial transactions, which typically earn higher premiums.

          *  The Company continues to incur significant other operating expenses and employee costs related to its technology advancements and compliance with both privacy laws and Sarbanes-Oxley. Although employee costs increased in 2006 compared with 2005 primarily due to acquisitions and costs associated with developing technology initiatives, the Company reduced employee costs in markets where direct operations experienced revenue declines. In response to overall decreases in transaction volumes, the Company’s workforce in its title offices was reduced by approximately 920 employees, or 11.6 percent, during 2006. Giving effect to the increase in staff primarily for advancing technology, the Company reduced its total workforce by approximately 720 employees, or 7.1 percent. Right-sizing extended into January 2007 with the reduction of an additional 180 employees.  These amounts exclude increases from new offices.   

          *  For the fourth quarter of 2006, revenues increased 2.6 percent to $645.8 million compared with the fourth quarter of 2005.  The increase was due primarily to continued growth in revenues from commercial transactions and revenues from new agencies, partially offset by a decline in the Company’s direct operations in certain major markets of the country as noted in the yearly analysis above.   

          *  Pretax earnings were $19.7 million and $21.2 million for the fourth quarters of 2006 and 2005, respectively.  Earnings for the fourth quarter of 2006 compared with the fourth quarter of 2005 were impacted by a higher complement of lower-margin agency business compared to direct operations, partially offset by a decrease in title loss reserves. The fourth quarter of 2006 included additions to title loss reserves of $4.3 million, or $6.2 million less than the fourth quarter of 2005.  These provisions related to large losses attributed primarily to agency defalcations.  The fourth quarter of 2005 also included charges related to the Company’s accounting for leases and employee vacations of $2.8 million and $2.1 million, respectively.   

          *  Stewart’s book value per share increased by 4.2 percent to $44.00 at December 31, 2006 compared with $42.21 at December 31, 2005.   

          *  Stewart paid a $0.75 per share annual cash dividend in 2006, the same rate paid in 2005.   

          Title orders declined in the fourth quarter of 2006 by 13.4 percent from the same period a year ago. Orders were 12.7 percent less in December 2006 than December 2005.  A softening national housing market was the major reason for the decline in order counts.

          “Our growing commercial and international operations significantly contributed to our results in 2006 and we’re very proud of our accomplishments in these areas,” said Malcolm S. Morris, chairman and co-chief executive officer. “Commercial revenues have more than tripled since the beginning of the decade when we began a major push in this area.  Our international operations enjoyed strong increases in profits in 2006. Although our international business represents a small percentage of total title revenues today, the growth potential is exciting.”

          “In the second quarter of 2007, we expect to deliver our next generation web-enabled production system built on Microsoft’s net development platform and will begin the process of conversion and roll-out,” said Stewart Morris, Jr., president and co-chief executive officer. “As we convert to this full featured title and escrow system, we anticipate gains in productivity and enhanced customer service.

          “Consistent with our goal of making acquisitions that are accretive to shareholder interests, we recently acquired Border Title Group in Laredo, Texas, one of the top growth markets in the country.

          “Our vendor-management company E-Title^(R), a subsidiary in the real estate information segment of Stewart, is gaining traction as a nationwide participant in this growing industry segment,” said Stewart Morris, Jr.

          The Company sold GlobeXplorer^(R) and AirPhotoUSA^(R) in January 2007 to DigitalGlobe^(R) and entered into agreements with these companies to continue to provide spatial and digital imagery through our real estate information portal www.PropertyInfo.com .   

          Stewart Information Services Corporation is a customer-oriented, technology-driven, strategically competitive, real estate information and transaction management company.  Stewart provides title insurance and related information services required for settlement by the real estate and mortgage industries through more than 9,500 policy-issuing offices and agencies in the United States and international markets.  Stewart also provides post-closing lender services, automated county clerk land records, property ownership mapping, geographic information systems, property information reports, flood certificates, document preparation, background checks and expertise in tax- deferred exchanges. More information can be found at www.stewart.com .   

          This press release may contain forward-looking statements, which include all statements other than statements of historical facts. Forward-looking statements are not guarantees of performance and no assurance can be given that Stewart’s expectations will be achieved. In particular, historical order counts do not necessarily indicate future revenues because Stewart cannot predict the number of orders that will result in closings.

STEWART INFORMATION SERVICES CORPORATION
STATEMENTS OF EARNINGS
(In thousands of dollars, except per share amounts)

	Three months ended Dec 31						Year ended Dec 31
	2006			2005 (1)			2006		2005
Revenues
Title insurance:
Direct operations		262,647			262,555			1,028,688		1,041,977
Agency operations		351,309			336,332			1,321,994		1,272,062
Real estate information services		21,244			21,420			81,159		82,495
Investment income		9,229			7,654			34,913		29,127
Investment and other gains - net		1,379			1,183			4,727		4,966
		645,808			629,144			2,471,481		2,430,627
Expenses
Amounts retained by agencies		282,668			269,715			1,067,071		1,032,496
Employee costs		182,311			181,246			728,529		694,599
Other operating expenses		106,948			102,234			405,951		373,161
Title losses and related claims		41,708			44,324			141,557		128,102
Depreciation and amortization		10,842			9,312			37,747		33,954
Interest		1,666			1,073			6,090		3,351
		626,143			607,904			2,386,945		2,265,663
Earnings before taxes and minority interests		19,665			21,240			84,536		164,964
Income taxes		4,614			6,727			23,045		56,768
Minority interests		4,306			5,412			18,239		19,431
Net earnings		10,745			9,101			43,252		88,765
Average number of diluted shares (000)		18,308			18,279			18,304		18,246
Earnings per share - diluted		0.59			0.50			2.36		4.86
Segment information:
Title revenues		624,564			607,724			2,390,322		2,348,132
Title pretax earnings before minority interests		19,852			20,558			83,234		154,391
REI revenues		21,244			21,420			81,159		82,495
REI pretax earnings (loss) before minority interests		(187	)		682			1,302		10,573
Selected financial information:
Cash provided by operations		44,275			40,236			99,397		173,508
Title loss payments - net of recoveries		26,739			22,385			106,589		82,162
Changes in other comprehensive earnings - net of taxes		318			(2,916	)		2,433		(8,160	)
Number of title orders opened (000):
October		59.3			69.6
November		54.6			62.2
December		48.1			55.2
Quarter		162.0			187.0

	Dec 31 2006		Dec 31 2005
Stockholders’ equity		802,262		766,313
Number of shares outstanding (000)		18,231		18,154
Book value per share		44.00		42.21

(1) Includes additions to title loss reserves aggregating $10.5 million ($6.8 million after taxes, or $0.37 per diluted share).

STEWART INFORMATION SERVICES CORPORATION
BALANCE SHEETS (condensed)
(In thousands of dollars)

	Dec 31 2006			Dec 31 2005
Assets
Cash and cash equivalents		136,137			134,734
Short-term investments		161,711			206,717
Investments - statutory reserve funds		490,540			449,475
Investments - other		78,249			85,802
Receivables - premiums from agencies		58,023			49,397
Receivables - other		61,556			47,791
Allowance for uncollectible amounts		(9,112	)		(8,526	)
Property and equipment		99,325			85,762
Title plants		70,324			58,930
Goodwill		204,302			155,624
Intangible assets		15,444			15,268
Other assets		91,708			80,177
		1,458,207			1,361,151
Liabilities
Notes payable		109,549			88,413
Accounts payable and accrued liabilities		130,589			125,255
Estimated title losses		384,396			346,704
Deferred income taxes		14,139			15,784
Minority interests		17,272			18,682
		655,945			594,838
Contingent liabilities and commitments
Stockholders’ equity
Common and Class B Common Stock and additional paid-in capital		148,517			145,367
Retained earnings		649,598			619,232
Accumulated other comprehensive earnings		8,061			5,628
Treasury stock		(3,914	)		(3,914	)
Total stockholders’ equity		802,262			766,313
		1,458,207			1,361,151

          February 16, 2007

SOURCE  Stewart Information Services Corporation
          -0-                                                            02/16/2007
          /CONTACT:  Ted C. Jones, Director - Investor Relations of Stewart Information Services Corporation, +1-713-625-8014/
          /Web site:  http://www.stewart.com
                            http://www.PropertyInfo.com /
          (STC)