Fairfax Successfully Completes Acquisition of Carillion Canada’s Services Business

CONCORD, ONTARIO, March 7, 2018 – Outland-Carillion Services and Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announce the successful completion of the previously announced acquisition of certain assets and liabilities related to Carillion’s Canadian support services operations.

The acquired business will be known as Outland-Carillion Services on an interim basis. Outland-Carillion Services, under the ownership of Fairfax, will continue to deliver quality integrated facilities management, workforce accommodation and forestry services to its clients in the Natural Resources, Aviation, Defence, Retail, Commercial and Healthcare sectors. The business will be led by John MacCuish, who has led Carillion’s support services business in Canada since 2011.

“We are excited about the future of our business with the close of this transaction,” said John MacCuish, President of Outland-Carillion Services. “We will continue to provide quality services to the clients we work for and the customers we serve. We are committed to growing the business over the long-term by delivering innovative solutions and empowering our people to be the best services organization we can be.”

About Outland-Carillion Services
Outland-Carillion Services is a support services business providing a comprehensive range of integrated facilities management, workforce accommodation, and forestry services across Canada.
For further information contact:
Cody Johnstone, Corporate Communications,
at (416) 697-6146

About Fairfax
Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.
For further information contact:
John Varnell, Vice President, Corporate Development,
at (416) 367-4941