Boynton Beach, FL - May 21, 2007: Peach Holdings, Inc. ("Peachtree") announces the appointment of Ernest Jordan as Senior Vice President and Director of Life Finance. In his new position, Mr. Jordan will be the head of both the life settlement and premium finance businesses (jointly – “Life Finance”). Previously, Mr. Jordan was a Senior Vice President of National Markets & Group Relations at AIG-VALIC and has extensive experience in management, insurance distribution and sales. Among numerous responsibilities at AIG, he managed 13 Vice Presidents positioned throughout the US and oversaw the development of corporate strategies for retention and growth for 660 strategic groups. Ernest has a BA in management and holds Series 7, 24, 51, 63 and 65 licenses.

Commenting on the appointment, Jim Terlizzi, Peachtree's CEO said: “I am very pleased that Ernest has joined Peachtree. With his extensive experience in the Life Insurance industry, Ernest will help Peachtree broaden the scope of our capabilities and will be an important component in the continued build-out and success of our Life Finance business.”

Ernest Jordan said: “Peachtree has an impressive track record and unique business plan. I look forward to making a significant contribution to the future success of the Life Finance business and hope to move the division to higher levels of growth and progress.”

About Peachtree Settlement Funding
Peach Holdings, Inc., a Florida corporation, is the parent (holding) company of the Peach group of companies, including, among others, Peachtree Settlement Funding, Peachtree Pre-Settlement Funding and Peachtree LBP Finance Company (together, “Peachtree”). Peachtree is a specialty factoring company that purchases high-quality deferred payment obligations. Through its group of affiliated companies, Peachtree caters to people seeking to sell structured legal settlements, annuity payments, lottery prize payments, sweepstakes awards and sports contract payments. In addition, Peachtree provides cash advances to people with pending personal injury claims. Peachtree has purchased over $4 billion of specialty receivables and continues to expand into new areas by bringing institutional financing and professionalism to bear on underserved markets. For further information contact Dori Erann at (866) 730-4418. Peachtree’s corporate website address is www.peachholdings.com.