Fairfax India Holdings Corporation

  • Date: 2016-02-08

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Fairfax India Holdings Corporation News Release TSX Stock Symbol: FIH.U TORONTO, February 8, 2016 NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

FAIRFAX INDIA ACQUIRES APPROXIMATELY 45% OF ADI FINECHEM LIMITED (Note: All dollar amounts in this news release are expressed in U.S. dollars, except as otherwise noted.)

Fairfax India Holdings Corporation (TSX: FIH.U) is pleased to announce that, through its wholly-owned subsidiaries (collectively, “Fairfax India”), it has completed its previously announced acquisition of approximately 45% of the outstanding shares of ADI Finechem Limited (“ADI”) for an aggregate consideration of approximately INR 1.3 billion (approximately $19 million at current exchange rates). About Fairfax India 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. -30 For further information, contact:

John Varnell, Chief Financial Officer (416) 367-4755

95 WELLINGTON STREET WEST, SUITE 800, TORONTO, ONTARIO, M5J 2N7 TELEPHONE: 416-367-4755