DFLR CEO Speaks to Lic. Mario Marin Torres Governor Elect of the State of Puebla Mexico.

SAN DIEGO -- Diversified Financial Resources Corporation (DFLR) is a holding company, trading under the stock symbol OTCBB: DFLR. - DFLR announced today action to move forward with its plans as stated in its quarterly report dated September 30th 2004, (see its form 10-QSB, page eleven, as filed with the SEC). DFLR has over the last year retained professionals and consultants to evaluate and investigate potential mining and mineral interest in the Country of Mexico and other potential Agricultural projects and operations.

The efforts of DFLR's Consultant, Dr. Richard Lorden, resulted in Mr. Chapman, the CEO of DFLR, being invited to speak on Dec.16 th 2004 at a conference sponsored by the Institute of the Americas hosted by past Ambassador Jeffrey Davidow at the University of California San Diego, UCSD and attend a private dinner in honor of Lic. Mario Marin Torres. Governor-Elect.

Mr. Chapman spoke to the Gobernador Electo Lic. Mario P. Marin Torres del Estado de Puebla of Mexico, his delegation, Mexican and American businessmen attending the conference. He addressed the possibility, feasibility, development and construction of an Agribusiness project in the State of Puebla. DFLR, together with a joint venture group of Mexican businessmen, has over the last several months developed a project at Casas Grandes in the State of Chihuahua to construct six greenhouses covering 105.6 acres. Each greenhouse will cover aproximality 17.6 acres. Beginning in the year 2005, the greenhouses will be used for the production of hydroponics tomatoes. The project will also include a 40,000 sq ft. packhouse with cooling facilities and state of the art machinery to grade and pack the tomatoes to meet Mexican and export requirements. The project can duplicate itself in 2006 and beyond to meet market demand and as land is available. Other produce such as green peppers, cucumbers and bell peppers can be grown in this type of environment as well.

The Governor was at the conference to outline special benefits, business and financial opportunities available in the State of Puebla for international investors, particularly for projects in the Agribusiness sectors. The governor presented his view on current Mexican Political and Economic topics, and expressed his eagerness to assist with DFLR's project in every way he could. He further stated they have good hard working people needing employment and the fact that our project would employ some 200 to 400 people when completed. Further meetings are presently being planed for early in 2005.

IN REGARDS TO DFLR's MINING CONCESSION.

DFLR is proceeding with operations on the concession site in the state of Chihuahua, Mexico. All the Equipment and material necessary to start the processing plant operations has now been delivered to the site at this date.

Mr. Chapman stated: "As President of DFLR, I believe as the companies key sectors develop in 2005, the fact DFLR is now poised to complete its mining opportunity and start ore production, together with the possibility of a Agribusiness, further places DFLR in the right place at the right time to maximize substantial profits in the future."

DFLR is currently a holding company with operations in real estate and mining. Investors are strongly encouraged not to make an investment, which they cannot afford to lose. Furthermore, DFLR does not recommend that any shareholder take any action solely based upon the information provided above. DFLR strongly encourages the public to read the above information in conjunction with its Form 10KSB for December 31, 2003, its 10QSB for June 30, 2004 and Sept. 30, 2004. These disclosures can be viewed at www.sec.gov. DFLR's website can be viewed at www.dfrc.net.

This press release may contain forward-looking statements that are based on a number of assumptions, including the successful completion of the necessary due diligence in a short period of time. Although DFRC believes these assumptions are reasonable, no assurance can be given that they will prove correct. These forward-looking statements involve a number of risks and uncertainties, including competitive market conditions, successful integration of acquisitions, and the ability to secure sufficient financing. The actual results that DFRC may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.