Fairfax acquires class A units of The Brick Group Income Fund

Aug 27, 2010 (Datamonitor via COMTEX) -- Fairfax Financial Holdings has acquired, through its subsidiaries, 2.67 million class A units of The Brick Group Income Fund at a price of C$2.06 per unit, bringing its total holdings of units to 11.05 million units or approximately 19.99% of the total units outstanding.

The units were purchased through the facilities of the Toronto Stock Exchange for investment purposes. Fairfax may purchase additional securities of the Brick in accordance with applicable laws.

Fairfax also owns or controls, in the investment portfolios of its insurance subsidiaries, 53.32 million class A trust unit purchase warrants of the Brick, exercisable for an additional 53.32 million units.

Assuming the exercise of such warrants by Fairfax and no exercise of warrants by any other warrant holders, Fairfax would own or control, in the investment portfolios of its insurance subsidiaries, 64.36 million units representing approximately 59.3% of the total units outstanding.

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