Dec 16 (Reuters) - Fairfax India Holdings Corp FIHu.TO :
* PRESS RELEASE - FAIRFAX INDIA SELLS MINORITY POSITION OF ANCHORAGE INFRASTRUCTURE
* FAIRFAX INDIA HOLDINGS - TO SELL AN INTEREST IN ANCHORAGE INFRASTRUCTURE INVESTMENTS HOLDINGS LTD OF ABOUT 11.5% FOR PROCEEDS OF ABOUT INR 9.5 BILLION
* FAIRFAX INDIA HOLDINGS - INTEREST IN ANCHORAGE INFRASTRUCTURE INVESTMENTS HOLDINGS LIMITED WILL BE SOLD BY WAY OF A PRIVATE INVESTMENT AGREEMENT
* FAIRFAX INDIA HOLDINGS CORP - AS PART OF TRANSACTION, FAIRFAX INDIA WILL RESTRUCTURE ITS INTEREST IN BANGALORE INTERNATIONAL AIRPORT
* FAIRFAX INDIA HOLDINGS - FOLLOWING CLOSING, EFFECTIVE OWNERSHIP INTEREST IN BANGALORE INTERNATIONAL AIRPORT WILL BE ABOUT 49% ON A FULLY-DILUTED BASIS
* FAIRFAX INDIA HOLDINGS CORP - AS A RESULT OF SALE OF ANCHORAGE INFRASTRUCTURE, CO WILL RECORD INVESTMENT GAINS OF APPROXIMATELY $506 MILLION