LandAmerica Announces the Opening of LandAmerica Lawyers Title of Central America

RICHMOND, Va., July 5 /PRNewswire-FirstCall/ -- LandAmerica Financial Group, Inc. (NYSE: LFG) , a leading provider of real estate transaction services, announces the opening of LandAmerica Lawyers Title of Central America, a joint venture.

Headquartered in Panama City, Panama, LandAmerica Lawyers Title of Central America will immediately begin offering title, escrow, and developer services to buyers, sellers, developers, and lenders throughout Central America which includes Costa Rica, Panama, Nicaragua, Honduras, Guatemala, Belize, and El Salvador. "Central America is quickly becoming the number one choice for retired North Americans looking for warm weather and real estate value," said Christian Solis, Account Manager of the new operation. "As North American buyers and developers continue to enter the Central American market, we will be ready to provide them with the products and services they are accustomed to and rely on when buying and developing real estate in the Continental U.S. North American buyers, developers, and lenders will appreciate working with a known and trusted name like LandAmerica Lawyers Title."

Frederick Persaud, Senior Vice President - Caribbean & Latin America Area, added, "We are very excited to be able to offer a full menu of services and products to clients investing and developing in Central America through this new venture."

About LandAmerica Financial Group, Inc.

Based in Richmond, Virginia, LandAmerica Financial Group, Inc. is a leading provider of real estate transaction services. Through its many subsidiaries, LandAmerica serves residential and commercial customers with more than 900 offices and a network of 10,000 active agents throughout the United States, Mexico, Canada, the Caribbean, Latin America, and Europe. LandAmerica is recognized on Fortune magazine's 2006 list of America's most admired companies and is ranked as a Fortune 500 and Forbes Platinum 400 company.