Continental Fuels to Increase Storage Capacity By 50% - Prepares to Add Additional Products to its Trading Activities.

PORT OF BROWNSVILLE, Texas -- In order to expand its storage capacity, Continental Fuels, Inc. (OTCBB:CFUL)(FWB:CNDI)(GER:CNDI)(BCN:CNDI) is making arrangements to relocate two additional storage tanks with a total capacity of approximately 23,000 barrels to its facility at the Port of Brownsville, Texas. Upon placement of these tanks, expected to be completed within the next 2-3 weeks, Continental will have increased its storage capacity by about 50%.

Continental has also identified a source that will supply and obtained commitments for the purchase of low sulfur diesel fuel to be transported to and stored at the Brownsville facility. This imported product will be delivered to Continental via barge upon completion of the improvements at the port.

"We will use a crane vessel to bring the fully constructed tanks to our facility and place them on the concrete pads we will install next to our existing tanks," explains Continental CEO Tim Brink. "The entire project can be completed in 2 weeks and then we can start selling diesel."

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, please visit 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.