NEW YORK – Institutional Investor Journals and the Life Insurance Settlement Association (LISA) today announced the publication and release of a special section on the growing life settlement industry which appears in the Summer 2006 edition of The Journal of Structured Finance. The special section was a joint initiative between the publisher of Institutional Investor Journals and LISA in response to the growing demand for information on the emerging life settlement marketplace.

“As the secondary market for life insurance draws greater interest from institutional investors and becomes more widely known among senior consumers, we see an increased need for authoritative information on this topic,” stated Doug Head, Executive Director of LISA. “The Journal contains seven articles written by industry experts explaining the secondary market supply chain, product flow constraints, operational challenges of providers, minimizing portfolio risk of investors, market inefficiencies, and an analysis of the value to the consumer,” Head added. LISA is the life settlement industry’s largest trade association and regarded as “the voice of the industry.”

According to Allison Adams, publisher of Institutional Investor Journals, the special issue on life settlements will involve an extended distribution beyond the publication’s current subscriber base. “Those receiving the publication include wealth managers, hedge fund managers, investment bankers, institutional money managers, lawyers, rating agency analysts, consultants, and others,” Adams stated.

Scott Kirby, LISA vice president, applauded the effort as “groundbreaking” and praised both the publisher and members of LISA who supported the project. “If LISA is the “voice of the industry” then this special section in The Journal of Structured Finance is an amplifier through which that voice is heard,” Kirby stated.  Kirby is co-president of Advanced Settlements, Inc., a life settlement company that provided editorial content for The Journal and helped spearhead the publishing partnership with Allison Adams.

About Institutional Investor, Inc. and The Journal of Structured Finance
Institutional Investor, Inc., headquartered in New York City, publishes the leading practitioner-focused journals read by thousands of institutional investors, portfolio managers and finance professionals worldwide. Each journal is regarded as the authoritative, practical reference guide on the most effective financial techniques and leading-edge investment strategies in the institutional marketplace. The Journal of Structured Finance offers insightful, comprehensive research and commentary on all aspects of structured finance for the practitioner, by the practitioner. Readers include investment bankers, portfolio managers, financiers, academics, traders, lawyers, consultants and institutional investors seeking or providing structured products. For more information, or to order reprints, visit www.iijsf.com.

About LISA
The Life Insurance Settlement Association is located in Orlando, Florida, and is a Florida-based non-profit association founded in 1994 to serve as a national resource center, providing information about life settlements. LISA, which currently has over 100 member companies, is the industry’s largest and oldest trade and professional organization in the life settlement industry. For more information, visit www.lisassociation.org.

Life Partners Announces Appointment as Investment Advisor to Second European Life Settlement Fund and Voting Results at Annual Meeting of Shareholders

WACO, Texas–(BUSINESS WIRE)–Aug. 4, 2006–Life Partners Holdings, Inc. (Nasdaq:LPHI) held its 2006 Annual Meeting of Shareholders at its headquarters yesterday at the company headquarters in Waco, Texas marking almost 15 years as the world’s oldest and only publicly held company operating exclusively in the secondary life insurance industry.

In discussing the company’s expected performance over the coming fiscal year, Life Partners Chairman Brian Pardo said, “At our annual meeting last year we announced our appointment as exclusive investment advisor and policy provider to The Life Settlements Fund, a Bahamas registered fund with representative offices in London and Zurich. That fund has closed and is currently listed on Bloomberg Market Data under the symbol LIFESET BM. We are very pleased to announce that the managers of that fund have now closed The Life Settlements Fund II and we anticipate purchasing approximately $30 million in face value of policies for that fund. Participants in the fund include two large Swiss banks as well as other European institutional investors.”

Mr. Pardo added, “We are also working as exclusive advisor to another fund which we expect to be closed by this Fall and which should be substantially larger than these two funds.”

“We will continue to be a leader in unlocking the hidden value of life insurance policies for thousands of American seniors as well as further developing this asset class on a worldwide basis for both institutional and individual investors,” Mr. Pardo said.

Approximately 90% or 8.7 million shares entitled to vote were represented at the meeting either in person or by proxy. Shareholders elected all five directors named in the proxy, with each director receiving at least 8.6 million or 88% of the total votes cast. Brian Pardo, R. Scott Peden, Tad Ballantyne, Fred Dewald and Lt. General (Ret.) Harry Goodall were all elected to serve as directors for the ensuing year.

Safe Harbor — With regard to Life Partners, Inc. and Life Partners Holdings, Inc., 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, and the value of our new contract signings, backlog and business pipeline, 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, Inc.
Shareholder Relations, 254-751-7797
e-mail: info@lifepartnersinc.com
website: www.lphi.com
or
Life Settlements Fund, Ltd.
Stephen Gillman Singer, Director
Nicholas Miller, Director and Legal Counsel
Representative Office: Freigutstrasse 27, 8002 Zurich,
Switzerland
e-mail: info@lifepartnersltd.com
Tel: +41 44 208 17 27
Fax: +41 44 208 17 28

Life Exchange a group that created Life Settlement Auctions technology is also a publicly traded Life Settlement related company.