LandAmerica Announces Quarterly Dividend

RICHMOND, Va., July 31 /PRNewswire-FirstCall/ -- LandAmerica Financial
Group, Inc. (NYSE: LFG) announces its Board of Directors has declared a
quarterly dividend of $.05 per share payable on September 15, 2008, to
shareholders of record as of August 29, 2008.
About LandAmerica Financial Group, Inc.
LandAmerica Financial Group, Inc. is a leading provider of real estate
transaction services with over 650 offices and a network of more than 8,500
active agents. LandAmerica serves agent, residential, commercial and lender
customers throughout the United States, Mexico, Canada, the Caribbean, Latin
America, Europe and Asia. LandAmerica is recognized as number one in the
mortgage services industry on Fortune's(R) 2007 and 2008 lists of America's
Most Admired Companies.
The Company cautions readers that the statements contained herein
regarding the Company's future financial condition, results of operations,
future business plans, operations, opportunities, or prospects, including any
factors which may affect future earnings, are forward-looking statements made
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements are based upon
management's current knowledge and assumptions about future events and involve
risks and uncertainties that could cause actual results, performance or
achievements to be materially different from any anticipated results,
performance or achievements, expressed or implied by such forward-looking
statements. Such risks and uncertainties include: (i) the Company's results of
operations and financial condition are susceptible to changes in mortgage
interest rates and general economic conditions; (ii) changes to the
participants in the secondary mortgage market could affect the demand for
title insurance products; (iii) the Company is subject to government
regulation; (iv) heightened regulatory scrutiny of the Company and the title
insurance industry, including any future resulting reductions in the pricing
of title insurance products and services, could materially and adversely
affect the Company's business, operating results, and financial condition; (v)
the Company may not be able to fuel its growth through acquisitions; (vi) the
Company's inability to integrate and manage successfully the Company's
acquired businesses could adversely affect the Company's business, operating
results, and financial condition; (vii) regulatory non-compliance, fraud or
defalcations by the Company's title insurance agents or employees could
adversely affect its business, operating results, and financial condition;
(viii) competition in the Company's industry affects its revenue; (ix)
significant industry changes and new product and service introductions require
timely and cost-effective responses; (x) the Company's litigation risks
include substantial claims by large classes of claimants; (xi) the Company's
claims experience may require the Company to increase its provision for title
losses or to record additional reserves, either of which may adversely affect
its earnings; (xii) key accounting and essential product delivery systems are
concentrated in a few locations; (xiii) provisions of the Company's articles
of incorporation and bylaws and applicable state corporation and insurance
laws could limit another party's ability to acquire the Company and could
deprive shareholders of the opportunity to obtain a takeover premium for
shares of common stock owned by them; (xiv) the Company's future success
depends on its ability to continue to attract and retain qualified employees;
(xv) the Company's conduct of business in foreign markets creates financial
and operational risks and uncertainties that may materially and adversely
affect its business, operating results, and financial condition; and (xvi)
various external factors including general market conditions, governmental
actions, economic reports and shareholder activism may affect the trading
volatility and price of the Company's common stock. For a description of
factors that may cause actual results to differ materially from such forward-
looking statements, see the Company's Annual Report on Form 10-K for the year
ended December 31, 2006, and other reports from time to time filed with or
furnished to the Securities and Exchange Commission. The Company cautions
investors not to place undue reliance on any forward-looking statements as
these statements speak only as of the date when made. The Company undertakes
no obligation to update any forward-looking statements made in this release.
SOURCE LandAmerica Financial Group, Inc.

Pamela Pastor, Investor Relations Specialist, +1-804-267-8043,
ppastor@landam.com, or Peter Habenicht, VP - Corporate Communications,
+1-804-267-8723, phabenicht@landam.com, both of LandAmerica Financial Group,
Inc.