NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE UNITED
STATES


Fairfax Financial Holdings Limited ("Fairfax") (TSX:FFH)(TSX:FFH.U) has filed a
preliminary short form base shelf prospectus with the Canadian securities
regulatory authorities.


The filing is intended to refresh Fairfax's existing base shelf prospectus which
expires in January 2013. The shelf prospectus will allow Fairfax to offer from
time to time over a 25-month period up to Cdn$2.0 billion of debt, equity or
other securities. Should Fairfax offer any securities, it will make a prospectus
supplement available that will include the specific terms of the securities
being offered.


Upon a receipt being issued for the final short form base shelf prospectus,
Fairfax's existing base shelf prospectus will be withdrawn.


This press release does not constitute an offer to sell or the solicitation of
an offer to buy any securities in any jurisdiction.


Fairfax Financial Holdings Limited 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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