FOR IMMEDIATE RELEASE

Sale of $43.1 Million
Charged-Off Visa®/MasterCards®
Nationwide

December 31, 1998 -- LoanTrade Inc. is pleased to announce its participation in the acquisition of a second large charged-off credit card portfolio on behalf of its client. The Seller is one of the nation's largest purchaser's of charged-off accounts. LoanTrade's client is also a purchaser of charged-off portfolios.   LoanTrade represented the acquiring institution.

According to Tim Kirkpatrick, President of LoanTrade, Inc. "This is the second transaction we've arranged between these two companies.  Obviously this is proving to be a good match between the two.  The first $32.1 million transaction was done at the end of September.  Speaking as a broker, it is very gratifying to match up two excellent companies and watch the relationship grow."