Continental Fuels Accelerates Sales of Light Crude Condensate - Delivers Another 20,000 Barrel Barge to Market - Continues Receipt of Over 5,000 Barrels Per Day.

PORT OF BROWNSVILLE, Texas -- As previously reported, Continental Fuels, Inc. (OTCBB:CFUL)(FWB:CNDI)(GER:CNDI)(BCN:CNDI) has increased its sales of light crude condensate to 100,000 bbls/month and, consistent with this report, on Sunday, it completed the delivery of another barge containing over 20,000 barrels. This recent delivery was certified by Societe Generale de Surveillance (SGS SA) (http://www.sgs.com/). Continental continues to receive over 5,000 barrels/day from its new supplier.

There are many types of crude produced throughout the world, and they are usually defined by how dense or thick the crude is and how much sulfur is contained in the crude. A real light condensate, such as that supplied by Continental, is very light and almost bubbly. This condensate is one step away from natural gasoline, and thus when refined, makes a large percentage of gasoline from one barrel.

Crude density is measured by its specific gravity. Specific gravity is just another way of measuring density of liquid petroleum products. The American Petroleum Institute (API) established this measuring scale to distinguish different grades of crude oil and refined products. The specific gravity of a liquid is a comparison of the density of the liquid to the density of water. A lower specific gravity means the material is generally thicker, whereas a higher number connotes a higher quality crude such as Continental's condensate.

Finally, each type of crude has a certain amount of sulfur as part of its chemical makeup. Crude that has .5 percent or less sulfur is defined as sweet crude and anything that is .5 percent or higher sulfur is defined as sour.

With recent Environmental Protection Agency (EPA) regulations against sulfur (which typically causes high levels of air polluting emissions), refiners like crude that has less sulfur in it. It is easier and less expensive to refine. The crude that is ideal for most refiners is a crude that is light (has a specific gravity of about 40 degrees) and has less than .5 percent sulfur. This crude makes a good percentage of gasoline and other light end products such as diesel, jet fuel and naphtha, and it doesn't take as much equipment to remove all the sulfur.

Continental's light crude condensate is of very high density and very low sulfur, resulting in low refinery requirements and very high output of low emission product.

Continental Fuels, Inc. is a subsidiary of Universal Property Development and Acquisition Corporation (OTCBB:UPDA)(FWB:UP1)(BCN:UP1)(GER:UP1)(MUN:UP1) (STU:UP1) For further information, see www.continentalfuels.com.

Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or described pursuant to similar expressions.