SOURCE: 1st Global Financial Corp.

March 26, 2007 16:00 ET

1st Global Financial Corp.'s Wholly Owned Subsidiary Increases February Monthly Transactions to a Record $2,550,000 Plus

February Transactions Increase 26% Over January Transactions

LAS VEGAS, NV -- (MARKET WIRE) -- March 26, 2007 -- 1st Global Financial Corp. (PINKSHEETS: FGBF) (XETRA: ZUM) announced that its wholly owned subsidiary 1st Federal Financial Corp.'s February 2007 monthly credit card processing transactions continued its strong growth rate, expanding more than 26% from the previous month.

In January 2007, transactions were approximately $2,021,000. February 2007 transactions jumped more than $530,000 to approximately $2,551,000, a more than 26% increase. Expansion of transactions processing is expected to continue at this rate and potentially increase through the addition of more Independent Sales Offices (ISOs) throughout the U.S.

These numbers do not take into account additional revenue from 1st Global Financial, Corp.'s other wholly owned subsidiary, 1st Federal Advanced Funding, Inc., which provides small- and mid-sized businesses with a unique working capital program. These two subsidiaries are starting to see the benefits of cross marketing and introducing the value added benefits they provide to the merchants and 1st Global Financial Corp.'s other clients.

"Our sales team has been working very hard to add quality partners to our portfolio and we are just beginning to see the benefits of their efforts," says T.A. "Gil" Gillis, President of 1st Global. "By sticking to our business plan, we are confident that 2007 will be a strong year to solidify and further position our business."

The increase is due to the addition of a number of key ISOs since December 2006. Each new ISO has added 30 to 50 new merchants every month, each worth roughly $8,000 per month in processing transactions. 1st Federal Financial Corp. expects their business to continue increasing at this rate throughout 2007 as they seek to add new ISOs and strategic business partners to continually grow their business.

This release includes "forward-looking statements" from the company that may or may not materialize and recipients are cautioned not to place undue reliance upon them. It is important to note that actual results could differ materially from those in such "forward-looking statements" and "forward-looking statements" are inherently subject to risks and uncertainties.

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