~ William P. Foley, II, appointed as Vice Chairman of the Board ~

~ Doug Ammerman appointed Chairman of the Board ~

~ Ryan Caswell appointed Chief Executive Officer ~

~ Expands Relationship with JANA Partners, Broadening Cannae's Ability to Allocate Capital to Proprietary Acquisition and Investment Opportunities ~

~ Appoints Two New Independent Directors with Significant Investment & Governance Experience to Enhance Strategy ~

~ Declassifying the Board ~

~ Reiterates Commitment to Strategy for Long-Term Value Creation ~

Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that the Company's Board of Directors (the "Board") has approved a series of strategic actions designed to unlock shareholder value; including diversifying the Company's portfolio; broadening its capital allocation opportunities and appointing two new independent directors to its Board with significant investment and governance experience. In addition, the Board announced an executive management succession, details of which are below.