FFH.U Fairfax Financial Holdings Limited

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT
INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN
THE UNITED STATES.


Fairfax Financial Holdings Limited ("Fairfax") (TSX:FFH)(TSX:FFH.U) announces
the signing of an agreement with GMP Securities L.P. ("GMP"), for GMP's purchase
from Fairfax of 9,897,509 common shares and 16,334,000 common share purchase
warrants of Imvescor Restaurant Group Inc., representing 23.6% of the common
shares of Imvescor on a non-diluted basis and 45.0% of the common shares of
Imvescor if the warrants being sold were exercised. The Imvescor shares and
warrants are being sold to GMP for $26.1 million. Closing of the sale is
expected to occur on or about April 16, 2013.


Fairfax initially participated in Imvescor as part of a recapitalization
initiative in late 2011. The recapitalization was undertaken in conjunction with
the support of the Imbeault family, the founders of the Imvescor business, and
resulted in the stabilization of the company and its prospects. Following this
sale by Fairfax of its interest in Imvescor, the Imbeault family will be the
single largest shareholder of Imvescor. 


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


FOR FURTHER INFORMATION PLEASE CONTACT: 
Fairfax Financial Holdings Limited
John Varnell
Vice President, Corporate Development
(416) 367-4941


Media Contact:
Fairfax Financial Holdings Limited
Paul Rivett
Vice President, Operations
(416) 367-4941

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