Stull, Stull & Brody
Announces Investigation Relating to the
401(k) Plan of First American Corporation

New York, New York, January 2, 2007 — Stull, Stull & Brody today announced that it has commenced an investigation relating to the 401(k) defined contribution retirement plan of First American Corporation (“First American” or the “Company”). Among other things, Stull, Stull & Brody is investigating whether fiduciaries of the First American 401(k) plan may have violated the Employee Retirement Income Security Act of 1974 (“ERISA”) by failing to disclose the Company’s true operating condition to participants and beneficiaries of the plan (including disclosures relating to First American’s practices in the area of executive stock option grants and awards) and by offering First American stock as an investment option under the plan when it may not have been prudent to do so.

If you hold First American stock in an individual account in First American’s 401(k) plan you may, if you wish, consult with a representative of Stull, Stull & Brody at no cost or obligation. The contact information for Stull, Stull & Brody is as follows:

Email: ssbny@aol.com
Fax: (212) 490-2022
Toll Free Number: 1-800-337-4983
(Edwin J. Mills, Esq. or Tzivia Brody, Esq.)

Mail: Stull, Stull & Brody
6 East 45th Street
New York, NY 10017

Stull, Stull & Brody has extensive experience in protecting the rights of 401(k) plan participants and beneficiaries and shareholders of public companies. Stull, Stull & Brody is presently representing classes of 401(k) plan participants in many class action cases throughout the country. Stull, Stull & Brody maintains offices in New York and Los Angeles.

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