Exchange Bulletin

Fairfax India Holdings Corporation (FIH.U) To Trade On Toronto Stock Exchange


January 29, 2015

Fairfax India Holdings Corporation (the “Company”) - An application has been granted for the original listing in the Industrial category of up to 108,078,947 subordinate voting shares (the “Shares”), of which up to 70,578,947 Shares will be issued and outstanding, and up to 37,500,000 Shares will be reserved for issuance upon completion of an initial public offering (the “Offering”) and the concurrent private placements.

The Shares will be traded in U.S. funds. Accordingly, they will appear under the heading U.S. funds in newspapers and the Exchange’s Daily Record and Monthly Review.

Listing of the Shares will become effective at 5:01 p.m. on Thursday, January 29, 2015 in anticipation of the Offering closing on Friday, January 30, 2015. The Shares will be posted for trading at the opening on Friday, January 30, 2015 upon confirmation of closing.

Registration of interests in and transfers of Shares held through CDS Clearing and Depository Services Inc. (‘‘CDS’’), or its nominee, will be made electronically through the non-certificated inventory (‘‘NCI’’) system administered by CDS. Shares must be purchased, transferred and surrendered for redemption through a CDS participant. Beneficial owners of Shares will not, except in certain limited circumstances, be entitled to receive physical certificates evidencing their ownership of Shares.

Additional information on the Shares may be found in the final prospectus dated January 22, 2015 (the “Prospectus”), which is available at www.SEDAR.com. Capitalized terms not otherwise defined are as defined in the Prospectus.



Stock Symbol: "FIH.U" CUSIP: 303897 10 2 Trading Currency: US$



Temporary Market Maker: Jones, Gable & Company Limited
Other Markets: None
Head Office Address: 95 Wellington Street West
Suite 800
Toronto, Ontario
M5J 2N7
Email Address: cratnaswami@fairfaxindia.ca
Head Office Telephone Number: (416) 367-4941
Fax Number: (416) 367-4946
Investor Relations: Chandran Ratnaswami
(416) 367-4941
cratnaswami@fairfaxindia.ca
Chief Financial Officer & Corporate Secretary: John Varnell
Incorporation: The Company was incorporated under the Canada Business Corporations Act on November 25, 2014.
Fiscal Year End: December 31
Nature of Business: The Company is an investment holding company. Its investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers or business primarily conducted in, or dependent on, India.
Transfer Agent & Registrar: Valiant Trust Company at its principal office in Toronto.
Dividends: The Company has not declared or paid any dividends since its incorporation and does not currently anticipate paying any dividends in the near future.
Concurrent Private Placements: Concurrent with the closing of the Offering: (i) approximately 20,000,000 Shares are being issued pursuant to a private placement to the Cornerstone Investors at a subscription price of US$10.00 per Share for gross proceeds of approximately US$200 million; and (ii) 30,000,000 unlisted Multiple Voting Shares (the “MVS”) are being issued pursuant to a private placement to Fairfax Financial Holdings Limited or its affiliates at a subscription price of US$10.00 per unlisted MVS for gross proceeds of US$300 million. The MVS are convertible into Shares of the Company on a one-for-one basis.
Public Offering: Pursuant to the terms of the Prospectus, up to 57,500,000 Shares (including the overallotment option of 7,500,000 Shares ) at a price of US$10.00 per Share are being offered to the public by RBC Dominion Securities Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., Scotia Capital Inc., National Bank Financial Inc., TD Securities Inc., Canaccord Genuity Corp., Desjardins Securities Inc., Raymond James Ltd., Cormark Securities Inc., Dundee Securities Ltd., GMP Securities L.P. and Manulife Securities Incorporated, as underwriters.