Old Republic International Declares Cash Dividend on Common Stock

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August 16, 2001 at 2:52 PM EDT

Old Republic International Declares Cash Dividend on Common Stock

CHICAGO, Aug 16, 2001 /PRNewswire/ -- The Board of Directors of Old Republic International Corporation (NYSE: ORI) declared a quarterly cash dividend on its common stock of 15 cents per share. This dividend is payable September 17, 2001, to shareholders of record on September 7, 2001.

Old Republic International has paid cash dividends on its common stock without interruption since 1942. The Company currently has approximately 118.7 million common shares outstanding.

About the Company

Chicago-based Old Republic International Corporation is an insurance holding company whose subsidiaries market, underwrite and provide risk management services for a wide variety of coverages in the property and liability, mortgage guaranty, title and life and health insurance fields. One of the nation's 50 largest publicly owned insurance organizations, Old Republic has assets of approximately $7.5 billion and capitalization of $2.7 billion. Its current stock market capitalization is approximately $3.3 billion.

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SOURCE Old Republic International Corporation

CONTACT: A.C. Zucaro, Chairman & CEO of Old Republic International Corporation, +1-312-346-8100; or General Information, Leslie Hunziker, +1-312-640-6760, lhunziker@bsmg.com , Analysts-Investors, Leslie Loyet, +1-312-640-6672, lloyet@bsmg.com , or Media Inquiries, Cindy Martin, +1-312-640-6741, cmartin@bsmg.com , all of The Financial Relations Board BSMG Worldwide