The Offer (as the samemay be varied or extended in accordance with applicable law) is being madeexclusively by means of, and subject to the terms and conditions set out in,the Offer Documentation. Box 361, Toronto, Ontario M5X1E2, North American Toll-Free Phone Number 1-866-581-1570, Toll Free Fax1-866-545-5580 or at lvy Renault LLP is legal counsel to KFS and the Offeror.This announcement is for informational purposes only and does not constituteor form part of any offer or invitation to purchase, otherwise acquire,subscribe for, sell, otherwise dispose of or issue, or any solicitation of anyoffer to sell, otherwise dispose of, issue, purchase, otherwise acquire orsubscribe for, 2012 Debentures or any other security. (Toronto time) on August 14, 2009, unlessextended or earlier terminated by the Offeror.The Offer is part of the $40 million capital initiative announced by Kingswayin May 2009. (“Kingsway” or the “Company”), has today announced thecommencement of a modified “Dutch Auction” tender offer (the “Offer”) for aportion of its outstanding Unsecured 6% Debentures due July 11, 2012 (the”2012 Debentures”).The Offer provides for a cash purchase of 2012 Debentures at a price per$1,000 principal amount of debentures of not less than $540 and not greaterthan $620 (the “Specified Range”), for a maximum aggregate purchase price tothe Offeror not to exceed $31 million (excluding accrued and unpaid interest).The Offer will expire 5:00 p.m.

Kingsway 2007 General Partnership announces partial tender offer for itsUnsecured 6% Debentures due July 11, 2012Offer part of the $40 million Capital Initiative announced by KingswayTORONTO, July 14 /PRNewswire-FirstCall/ – Kingsway 2007 General Partnership(the “Offeror”), an indirect wholly-owned subsidiary of Kingsway FinancialServices Inc. Terms of the credit facility require amortization of $20.0 million by March 9,2010 and an additional $20.0 million by March 9, 2011.Amortization isexpected to come from a combination of a non-recourse mortgage on currentlyunencumbered assets (up to $20.0 million), asset sales and cash flow.Thefinancial covenants were restructured to replace the four existing covenantswith two new covenants.Banc of America Securities LLC was sole lead arranger and sole book runner andBank of America, N.A. ARLINGTON, Va., July 14 /PRNewswire-FirstCall/ — Interstate Hotels & Resorts(OTC Bulletin Board: IHRI), a leading hotel real estate investor and thenation’s largest independent management company, today announced that it hasextended the maturity of its senior credit facility to March 2012 byconverting the facility’s outstanding balance of $161.2 million to a new termloan.The agreement also provides the company with an $8 million revolvingcredit line.The revised facility carries an interest rate of LIBOR plus 550bps, with a 2.0 percent LIBOR floor plus additional PIK interest(payment-in-kind) of 2.0 percent through March 2011 and 3.0 percentthereafter.The accrued PIK interest is payable at maturity. Fitch has downgraded the following ratings: UCBH Holdings, Inc. –Long-term IDR to ‘CCC’ from ‘B+’; –Short-term IDR to ‘C’ from ‘B’; –Preferred Stock to ‘C/RR6′ from ‘CCC/RR6′; –Individual to ‘E’ from ‘D’. United Commercial Bank –Long-term IDR to ‘CCC’ from ‘BB-’; –Short-term IDR to ‘C’ from ‘B’; –Long-term Deposits to ‘B-/RR3′ from ‘BB’; –Individual to ‘E’ from ‘D’ UCBH Trust Co. UCBH Capital Trust I UCBH Capital Trust II UCBH Capital Trust III UCBH Capital Trust IV UCBH Capital Trust V UCBH Holdings Statutory Trust I UCBH Holdings Statutory Trust II –Trust Preferred Securities to ‘C/RR6′ from ‘CCC/RR6′.

Fitch has affirmed the following ratings: United Commercial Bank –Short-term deposits at ‘B’ UCBH Holdings, Inc United Commercial Bank –Support at ‘5′; –Floor at ‘NF’. Fitch’s rating definitions and the terms of use of such ratings are available onthe agency’s public site, Published ratings, criteria andmethodologies are available from this site, at all times. Fitch’s code ofconduct, confidentiality, conflicts of interest, affiliate firewall, complianceand other relevant policies and procedures are also available from the ‘Code ofConduct’ section of this site. Fitch Ratings, New YorkKen Ritz, +1-212-908-0368John Mackerey, +1-212-908-0366Brian Bertsch, +1-212-908-0549 (Media Relations)Copyright Business Wire 2009.