What’s New: In Brief (April 22, 2008)

Fairfax Financial Holdings Limited (TSX and NYSE: FFH) has filed a preliminary short form base shelf prospectus with the Canadian securities regulatory authorities, allowing Fairfax to offer up to US$1 billion of debt, equity or other securities over a 25-month period. “Should Fairfax offer any securities, it will make a prospectus supplement available that will include the specific terms of the securities being offered,” the company announced in a press release.A receipt for the final short form base shelf prospectus has not yet been obtained from the Canadian securities regulatory authorities; until that happens, no securities may be sold, nor may offers to buy be accepted.

The Co-operators Group Limited and Addenda Capital Inc. (TSX: ADV) have completed the amalgamation ofAddenda with 9192-8192 Qubec Inc.(Newco), a subsidiary of The Co-operators.As a result of the amalgamation, the common shares of Addenda are being de-listed from the TSX effective at the close of business on Apr.23, 2008. All shareholders (other than Newco) will receive $26.50 in cash for each share of Addenda held immediately prior to the amalgamation.