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Press release from CNW Group

FIRST NATIONAL FINANCIAL CORPORATION ANNOUNCES MARCH DIVIDEND PAYMENT AND INITIAL QUARTERLY DIVIDEND FOR SERIES 1 PREFERRED SHARES

Tuesday, March 15, 2011

FIRST NATIONAL FINANCIAL CORPORATION ANNOUNCES MARCH DIVIDEND PAYMENT AND INITIAL QUARTERLY DIVIDEND FOR SERIES 1 PREFERRED SHARES16:48 EDT Tuesday, March 15, 2011/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./TORONTO, March 15 /CNW/ - First National Financial Corporation (TSX: FN) (the "Company") today announced its monthly dividend payment of $0.104167 per common share for the period March 1 to March 31, 2011. The dividend will be payable on April 15, 2011 to shareholders of record at the close of business on March 31, 2011.The Company also announced its initial quarterly dividend on its recently issued 4.65% Class A Preference Shares for the period January 25 to March 31, 2011. The dividend of $0.2070 per share will be payable on April 15, 2011 to holders of record at the close of business on March 31, 2011.About First National Financial CorporationFirst National Financial Corporation (TSX: FN) is the parent company of First National Financial LP, a Canadian-based originator, underwriter and servicer of predominantly prime residential (single family and multi-unit) and commercial mortgages. With over $53 billion in mortgages under administration, First National is Canada's largest non-bank originator and underwriter of mortgages and is among the top three in market share in the growing mortgage broker distribution channel. For more information, please visit www.firstnational.ca.For further information: Rob Inglis Chief Financial Officer First National Financial Corporation Tel:  416-593-1100 Email: rob.inglis@firstnational.ca     Steve Wallace Vice President BarnesMcInerney Inc. Tel:  416-367-5000 Email: swallace@barnesmcinerney.com