Security Capital Corporation Announces Completion of Merger

Security Capital Corporation (AMEX: SCC) ("Security
Capital" or the "Company") announced today that it has completed its
previously announced merger with Sedgwick CMS Holdings, Inc. As a
result of the merger, Security Capital's Class A Common Stock will no
longer be listed on the American Stock Exchange. Under the terms of
the merger, Security Capital stockholders are entitled to receive
$16.46 in cash per share of Security Capital Common Stock and Class A
Common Stock. Security Capital stockholders will shortly receive a
letter of transmittal with instructions informing them how to send
their shares of Security Capital Common Stock and Class A Common Stock
to the paying agent to receive the merger consideration. Additional
details relating to the transaction are set forth in Security
Capital's proxy statement that was previously mailed to shareholders
and that are available at the SEC's website, www.sec.gov.
   Security Capital operates as a holding company that actively
participates in the management of its subsidiaries. The Company
conducts business through its wholly owned subsidiary CompManagement,
Inc. ("CompManagement"). CompManagement is a leading independent
provider of comprehensive claims management, cost containment and
consulting services designed to control the cost to employers of
workers' compensation, medical malpractice, automobile, general
liability, unemployment and short- and long-term disability insurance
benefits. CompManagement's activities are primarily centered in Ohio,
California, Virginia, Maryland, Texas, Michigan, Florida, Washington,
Minnesota and New York.
   Sedgwick CMS is the parent company of Sedgwick Claims Management
Services, Inc., a leading provider of innovative claims and
productivity management solutions. The principal equity holders of
Sedgwick CMS are Fidelity National Financial, Inc. (NYSE: FNF), Thomas
H. Lee Partners, L.P. and Evercore Capital Partners.

   Forward-Looking Statement

   This press release contains "forward-looking" statements within
the meaning of the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. Such statements are based upon
management's current expectations and are subject to a number of
factors and uncertainties which could cause actual results to differ
materially from those described in the forward-looking statements.
Such factors and uncertainties include, but are not limited to: future
legislative changes which could impact the laws governing workers'
compensation and medical malpractice insurance in the various states
in which the Company's employer cost containment and health services
segment operates, the Company's ability to enhance its existing
services and successfully introduce and market new services, new
service developments by the Company's competitors, market acceptance
of new services of both the Company and its competitors, competitive
pressures on prices, and the ability to attract and retain qualified
personnel, interest rates.