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Fairfax Announces Acquisition of Additional Units of Jazz Air Income Fund

marketwire
Press Release Source: Fairfax Financial Holdings Limited On Wednesday December 24, 2008, 12:00 pm EST

TORONTO, ONTARIO--(MARKET WIRE)--Dec 24, 2008 -- Fairfax Financial Holdings Limited (Toronto:FFH.TO - News)(NYSE:FFH - News) announced today that it has acquired, through its subsidiaries, 300,700 units of Jazz Air Income Fund, bringing its total holdings in the Fund to 15,316,900 units or approximately 12.47% of the total units outstanding. The units were purchased through the facilities of the Toronto Stock Exchange for investment purposes. Fairfax continually reviews its investment alternatives and may purchase additional units of Jazz Air Income Fund from time to time in accordance with applicable laws.

Fairfax Financial Holdings Limited is a financial services holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.

Contact:

     Contacts:
     Fairfax Financial Holdings Limited
     Greg Taylor
     Chief Financial Officer
     (416) 367-4941
     (416) 367-4946 (FAX)
      
     Media Contact
     Fairfax Financial Holdings Limited
     Paul Rivett
     Chief Legal Officer
     (416) 367-4941
     Fax: (416) 367-4946
      

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