TFN Transnational Financial Network

Transnational Financial Network, Inc. (AMEX:TFN), a wholesale and retail mortgage banking firm, released its August loan production figures today. -0- *T Transnational Financial Network, Inc. Monthly Loan Production ($ million) Trailing Trailing 3 month 6 month Mar Apr May Jun Jul Aug Average Average ------ ------ ------ ------ ------ ------ -------- -------- Wholesale $32.2 $27.7 $35.9 $29.7 $28.2 $23.9 $27.3 $29.6 Retail(a) $12.4 $20.8 $14.2 $20.9 $16.7 $16.3 $18.0 $16.9 ------ ------ ------ ------ ------ ------ -------- -------- Total $44.6 $48.5 $50.1 $50.6 $44.9 $40.2 $45.3 $46.5 (a) Excluding production from Net Branches *T Transnational Financial Network, Inc. is a wholesale and retail mortgage banker that originates, funds and sells mortgage loans secured by one to four family residential properties. Through its strong sales and broker service programs, the Company has built a foundation for growth and expansion, principally in the markets of Northern California, Southern California and Arizona. This News Release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct.