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Covington Represents Greenhill in Ceridian Acquisition

May 31, 2007

NEW YORK, NY, May 31, 2007 — Ceridian Corporation, Thomas H. Lee Partners, L.P. ("THL Partners") and Fidelity National Financial, Inc. announced that they have entered into a definitive merger agreement under which Ceridian will be jointly acquired by THL Partners and FNF in an all cash transaction valued at approximately $5.3 billion. Covington & Burling LLP represented Greenhill & Co. LLC, the financial advisor to Ceridian, in the transaction. The transaction is expected to close in the fourth quarter of 2007.

Ceridian is a leading provider of human resources, transportation and retail information management services, serving businesses and employees in the US, Canada and Europe. Greenhill & Co., Inc. is an investment bank that provides financial advice on mergers, acquisitions and restructurings and manages merchant banking funds.

The Covington team included corporate partners Stephen Infante and Scott Smith as well as associates Andrew Ment and Donald Saelinger. In the first quarter of 2007, Covington was ranked among the top 25 M&A legal advisors in US-announced transactions by Thomson Financial, Bloomberg, and Mergermarket.

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