Advanta announces William A. Rosoff to join company as vice chairman.

HORSHAM, Pa.--(BUSINESS WIRE)--Dec. 1, 1995--Advanta Corp. (NASDAQ:ADVNB;ADVNA) announced Friday that William A. Rosoff, a long-time leader of the law firm of Wolf, Block, Schorr and Solis-Cohen, will be joining the company in early 1996 as a director and vice chairman.

Dennis Alter, chairman, said, "All of us at Advanta are delighted that Bill will be a member of our senior executive team. His unique blend of legal skills and business judgment will be of immense value as we continue to grow and prosper here and abroad."

Rosoff commented, "By working with Advanta for more than 20 years and personally knowing many people there, I feel very comfortable and excited about joining its leadership team. While it is difficult to leave Wolf, Block, and my many good friends there, I look forward to continuing our bond as a client, and working together on Advanta's far-ranging activities."

Charles G. Kopp, co-chairman of Wolf, Block, Schorr and Solis-Cohen stated, "Advanta and Bill Rosoff will make a perfect marriage. Advanta is one of the fastest growing companies in America and Bill Rosoff is a world-class talent that will help Advanta achieve even new levels of success."

Rosoff joined Wolf, Block, Schorr and Solis-Cohen in 1969. He has practiced there for the past 26 years, has served as chairman of its executive committee and currently serves as a member of its executive committee and chairman of its tax department.

With over four million customers, $11.9 billion in managed assets and more than 2,200 employees, Advanta is a rapidly growing consumer financial services enterprise. The company proudly serves consumers and small businesses through high quality, innovative offerings of credit cards, mortgages, leases, insurance and deposit products.

CONTACT: Advanta, Horsham

Janet Point, Vice President, Investor Relations,

215/784-5335