TORONTO, ONTARIO--(Marketwired - Jan. 4, 2017) - Fairfax Financial Holdings Limited (TSX:FFH)(TSX:FFH.U) announces
that it has declared a dividend of US$10.00 per share on its outstanding multiple voting and subordinate voting shares, payable
on January 26, 2017 to shareholders of record on January 19, 2017. Applicable Canadian withholding tax will be applied to
dividends payable to non-residents of Canada.
Consistent with the practice of prior years, the amount of this dividend was determined taking into account the current
operating results of Fairfax and its insurance and reinsurance companies and the current cash position at the Fairfax holding
company. Consequently, as each year's circumstances are different, this dividend should not be regarded as indicative of the
amount of any future annual dividends.
Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance
and investment management.