Life Partners Supports Proposed New York Regulations

Life Settlement Industry Leader in Favor of Sound Regulations Requiring Business
and Operational Transparency
WACO, Texas--(Business Wire)--
Life Partners Holdings, Inc. (NasdaqGS: LPHI), parent company of Life Partners,
Inc., a leader in the secondary life insurance market known as "life
settlements," supports the proposed legislation announced on Monday by New York
insurance regulator Eric Dinallo to create oversight of the life settlements
market.

"Life Partners has long supported sound, meaningful regulation and oversight for
the life settlement industry that requires brokers and providers to operate in
an open and fair marketplace," said Brian Pardo, chief executive officer and
chairman of LPHI. "While we generally purchase large face value policies from
accredited and financially sophisticated individuals who don`t require a high
degree of government protection, there are many more non-accredited seniors in
New York and throughout the country who could benefit from the secondary life
insurance market. These ordinary senior citizens rely on a regulatory framework
to offer them the same opportunities as financially sophisticated seniors. In
these difficult financial times, we agree that the proposed legislation in New
York could have very positive results for ordinary senior citizens by balancing
the protection of their interests with the creation of an environment that
promotes the secondary market for life insurance."

Life Partners, a recognized industry pioneer in the life settlements industry,
helped write the regulations governing the life settlement industry in Texas and
other states.

Life Partners is the world's oldest and one of the most active companies in the
United States engaged in the secondary market for life insurance, commonly
called "life settlements." Since its incorporation in 1991, Life Partners has
completed over 84,000 transactions for its worldwide client base of over 22,000
high net worth individuals and institutions in connection with the purchase of
over 6,000 policies totaling over $1.8 billion in face value.

Safe Harbor - This press release contains certain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995.
Prospective investors are cautioned that any such forward-looking statements are
not guarantees of future performance and involve risks and uncertainties, and
that actual results may differ materially from those projected in the
forward-looking statements as a result of various factors. The statements in
this news release that are not historical statements, including statements
regarding future financial performance, the market for our services, the growth
in the life settlement market and our growth within that market, are
forward-looking statements within the meaning of the federal securities laws.
These statements are subject to numerous risks and uncertainties, many of which
are beyond our control, that could cause actual results to differ materially
from such statements. For information concerning these risks and uncertainties,
see our most recent Form 10-K. We disclaim any intention or obligation to update
or revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as may be required by law.

Life Partners Holdings, Inc.
Shareholder Relations, 254-751-7797
info@LPHI.com

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