Mr. John Varnell reports

FAIRFAX INDIA COMPLETES SALE OF EQUITY INTEREST IN SAURASHTRA FREIGHT PRIVATE LIMITED

Fairfax India Holdings Corp.'s wholly owned subsidiary, FIH Mauritius Investments Ltd., has completed its previously announced sale of its 51-per-cent equity interest in Saurashtra Freight Private Ltd. to Kamigumi Co. Ltd., a Japanese logistics company, for 6,622 million Indian rupees (approximately $75-million (U.S.) at current exchange rates). As a result of the closing of the transaction, Fairfax India will cease to own any shares in Saurashtra. (Note: All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted.)

About Fairfax India Holdings Corp.

Fairfax India is an investment holding company whose objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers or business primarily conducted in, or dependent on, India.