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First American's Credit Online to Merge With DealerTrack



  - Strengthens Position as Premier Provider of Automotive Credit Services -

    SANTA ANA, Calif., Jan. 30 -- The First American
Corporation , the nation's leading diversified provider of business
information and related products and services, today announced a definitive
agreement to merge Credit Online, Inc., a subsidiary of First American Credit
Management Solutions, Inc. (CMSI), with DealerTrack, Inc., a technology
services company that enables automobile finance transactions through its
DealerTrack(TM) platform.  The closing of the transaction is pending final
regulatory approval.  Terms of the transaction were not disclosed.
    The combination of Credit Online's CreditConnection technology with the
DealerTrack platform will further solidify First American's position as a
leading service provider in the retail automotive marketplace.  As part of the
transaction terms, First American will retain a significant interest in
DealerTrack and will also provide credit bureau products and services to the
combined network.
    "First American is fully committed to our goal of being involved in every
transaction that flows through the finance and insurance office of automobile
retailers," said Parker S. Kennedy, president of The First American
Corporation.  "By combining our strengths with DealerTrack's, we greatly
enhance our ability to introduce First American's innovative line of business
information and credit products to the leading automotive lenders and dealers
in America."
    "This merger will create an integrated system that will deliver
incremental value to both dealers and lenders," said Howard L. Tischler,
president and chief executive officer of First American CMSI.  "Tight
integration between our credit origination systems and DealerTrack's platform
will enhance our ability to provide credit automation solutions that benefit
our dealer and lender customers."
    The combination of DealerTrack and Credit Online brings together leading
financial institutions; best-in-class loan processing technology; and First
American CREDCO, the premier provider of specialized credit products in the
automotive retailing environment.  With more than 45 million new and used
vehicles sold each year, the automotive loan industry is a significant
component of First American's growth strategy.
    "With more lenders and dealers coming together, all parties are expected
to benefit from increased car sales by enabling more automobile dealers to
offer more financing choices to their customers," said Mark O'Neil,
DealerTrack president and chief executive officer.
    "We are excited about bringing First American CREDCO's industry-leading
single and merged credit reports to a much broader and diverse client base,"
commented Anand Nallathambi, president of First American's Credit Information
Group.  "In addition, we see an opportunity to bring more value to the
participating retailers and lenders through the use of other First American
auto-related credit information products and services, including Teletrack's
subprime credit data and TitleGuard vehicle title insurance."

    About DealerTrack
    With more than 19,000 dealers and 23 lenders currently connected,
DealerTrack is North America's premier independent Web-based platform that
automates and accelerates the entire dealer-to-lender relationship, from
financing to daily information sharing.  The DealerTrack platform enables
application processing, credit bureau access, electronic contracting and lease
comparisons -- all in one easy-to-use, integrated solution.  More information
on DealerTrack is available at http://www.dealertrack.com or by calling 877-357-8725.

    About Credit Online, Inc.
    Credit Online is the e-commerce subsidiary of First American CMSI that
credit-enables business-to-business transactions through its Internet gateway
and its CreditConnection technology.  Credit Online's innovative technology
instantly and electronically connects credit originators (such as automotive
dealers) to credit bureaus and multiple funding sources or "electronic"
lenders throughout the United States and Canada via the Internet.  The service
is available 24 hours a day, seven days a week, expediting the credit
application approval process from days to minutes.  Headquartered in Annapolis
Junction, Md., First American CMSI has been a leading end-to-end credit
automation solutions provider, including Internet-based online lending and
leasing technology, since the company's inception in 1987.  First American
CMSI also licenses credit-decisioning systems for consumer and business credit
that have been the choice of North America's largest lending institutions. For
more information, visit http://www.cmsinc.com or call 800-790-0619.

    About The First American Corporation
    The First American Corporation is a Fortune 500 company that traces its
history to 1889.  As the nation's leading diversified provider of business
information, the company supplies businesses and consumers with the
information resources that affect the major economic events of people's lives,
such as getting a job; renting an apartment; buying a car, house, boat or
airplane; securing a mortgage; opening or buying a business; and planning for
retirement.  The First American Family of Companies, many of which command
leading market share positions in their respective industries, operate within
seven primary business segments including: Title Insurance and Services,
Specialty Insurance, Trust and Other Services, Mortgage Information, Property
Information, Credit Information and Screening Information.  With revenues of
$3.75 billion in 2001, First American has more than 22,500 employees in
approximately 1,300 offices throughout the United States and abroad.  More
information about the company and an archive of its press releases can be
found at http://www.firstam.com .

    Certain statements made in this press release, including those relating to
First American's position as a service provider in the retail automotive
marketplace and the value to dealers and lenders are forward-looking.  Risks
and uncertainties exist which may cause results to differ materially from
those set forth in these forward-looking statements.  Factors that could cause
the anticipated results to differ from those described in the forward-looking
statements include: interest rate fluctuations; changes in the performance of
the real estate markets; access to public records and other data; general
volatility in the capital markets; changes in applicable government
regulations; consolidation among the company's significant customers and
competitors; the company's continued ability to identify businesses to be
acquired; changes in the company's ability to integrate businesses which it
acquires; and other factors described in the Annual Reports on Form 10-K for
the year ended Dec. 31, 2001 for The First American Corporation, filed with
the Securities and Exchange Commission.  The forward-looking statements speak
only as of the date they are made.  The company does not undertake to update
forward-looking statements to reflect circumstances or events that occur after
the date the forward-looking statements are made.

    For further information, please contact David Schulz, Corporate
Communications of The First American Corporation, +1-714-800-3122.