FFH.U Fairfax Financial Holdings Limited

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
final short form base shelf prospectus with the Canadian securities regulatory
authorities. 


The shelf prospectus allows 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. In connection with
the filing of the final short form base shelf prospectus, Fairfax has withdrawn
its previously existing base shelf prospectus dated December 10, 2010.


A copy of the short form base shelf prospectus may be obtained from Fairfax
Financial Holdings Limited, Paul Rivett, Vice President, Operations at (416)
367-4941, 95 Wellington Street West, Suite 800, Toronto, Ontario, Canada M5J 2N7
or electronically at www.sedar.com.


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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