America's Senior 2nd Quarter Gross Revenues +88%.

Business Editors

MIAMI SHORES, Fla.--(BUSINESS WIRE)--Aug. 3, 2000

America's Senior Financial Services (OTCBB:AMSE) has completed its accounting review of the 2nd quarter 2000, and is preparing to file its form 10Q shortly.

In the 2nd quarter 2000, AMSE's gross revenues increased by 88% over the same period 1999. The increase is partly attributable to the company's Jupiter subsidiary, which was not a part of the company in 1999. The company's results from operations (absent certain one time charges taken to expense acquisition costs) indicate the progress made in the 2nd quarter towards increasing the company's efficiency. Expenses from operations have continued to decrease, and both Forward and Reverse Mortgage demand remains strong. Year to date 2000, gross revenues have climbed over 70%.

To view the company's filings, go to www.freeedgar.com and search by the company name.

AMSE is a financial services company, offering both forward (traditional) and reverse mortgage products. The company markets programs offered by FHA and FNMA, and is a founding member of the National Reverse Mortgage Lenders Association (www.reversemortgage.org).

This release contains forward-looking statements including without limitation statements relating to the company's plans, expectations, intentions, and adequate resources, and are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Please refer to the company's form 10SB and subsequent 10Qs for more disclosure about AMSE's results and the risks that could be associated with an investment in the company's common stock.

To contact Investor Relations, call Travis Christ at Charterbridge Financial Group; 619/696-8000. You may visit them on the web at www.charterbridge.net.

The company's web site addresses are www.americassenior.com and www.valuefinancial.com.