J.G. Wentworth Completes $74.6 Million Securitization of Structured Settlement-Backed Notes

Business Editors

BRYN MAWR, Pa.--(BUSINESS WIRE)--December 22, 2008--Specialty finance company J.G. Wentworth today announced the completion of a $74.6 million securitization of structured settlement and annuity backed notes.

Commenting on the transaction, J.G. WentworthChief Financial Officer John Calamari said, “Completion of this transaction offers testimony to the strength of our program, our longevity in the asset backed market and the trust that institutional investors have maintained in our notes despite the prevailing environment for asset-backed securities.”

Mr. Calamari added, “There have been very few asset backed deals during the fourth quarter of 2008.” By contrast he said that, according to Thomson Reuters, during 2007 there were 1,142 asset-backed deals totaling $864 billion.

Mr. Calamari said while frozen credit markets have taken their toll on many businesses and industries including specialty finance companies, the fundamentals of J.G. Wentworth’s products and services have continued to be acknowledged. “Consumers still need liquidity for their structured settlements and institutional investors continue to look for fixed income securities with the kind of stable and reliable collateral that our annuity-backed notes offer.”

About the J.G. Wentworth family of companies

J.G. Wentworth, Inc., based in Bryn Mawr, PA, is the nation’s oldest, largest and most respected buyer of deferred payments for illiquid financial assets like structured settlements, annuities and, through its dedicated subsidiary, life insurancepolicies. Since 1992, J.G. Wentworth has purchased over $3 billion of future payment obligations from consumers. For more information about J.G. Wentworth, visit www.jgwentworth.com.