EX-99 2 EX-99.txt Opportunity Partners L.P. Park 80 West - Plaza Two, 250 Pehle Avenue, Suite 708 Saddle Brook, NJ 07663 201-556-0092 February 12, 2015 J. Allen Berryman Secretary Stewart Information Services Corporation 1980 Post Oak Boulevard, Suite 800 Houston, Texas 77056 Dear Mr. Berryman: Opportunity Partners L.P. owns 100 shares of common stock of Stewart Information Services Corporation (the "Company") in registered name and is a member of a group that beneficially owns more than 4% of the Company's outstanding common stock. Please be advised that at the Company's 2015 annual meeting of stockholders, we intend to nominate the following persons for election as directors: James Chadwick, Gerald Hellerman, Richard Latto, Andrew Dakos, and me. If any of our nominees becomes unavailable before the meeting, we reserve the right to select a replacement nominee. In addition, we intend to submit a proposal at the meeting recommending that the Board of Directors submit a proposal to shareholders to cause the Class B shares to be converted to common shares. We firmly believe that the best way to maximize shareholder value is via a sale of the Company. However, we are willing, as Mr. Morris proposed in his letter of February 9, 2015, to have a substantive discussion with the Chairman and any other directors or officers that would like to speak with us - provided that such a discussion is arranged promptly. If you need any additional information, I can be reached at (914) 747-262 or pgoldstein@bulldoginvestors.com. Very truly yours, /s/Phillip Goldstein Phillip Goldstein Member Bulldog Investors LLC General Partner