SOURCE: Resource America, Inc.

May 02, 2008 12:22 ET

Resource America, Inc. Authorizes Payment of Quarterly Cash Dividend

PHILADELPHIA, PA--(Marketwire - May 2, 2008) - Resource America, Inc. (NASDAQ: REXI) (the "Company") announces that its Board of Directors has authorized the payment of a cash dividend on May 30, 2008 in the amount of $0.07 per share of the Company's common stock to all holders of record at the close of business on May 16, 2008. The Company has issued a cash dividend for fifty-two consecutive quarters.

Resource America, Inc. is a specialized asset management company that uses industry specific expertise to generate and administer investment opportunities for its own account and for outside investors in the commercial finance, real estate and financial fund management sectors. For more information please visit our website at www.resourceamerica.com or contact Marketing and Investor Relations at pkamdar@resourceamerica.com.

Certain matters discussed within this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although Resource America, Inc. believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include financial performance, regulatory changes, changes in local or national economic conditions and other risks detailed from time to time in the Company's reports filed with the SEC, including quarterly reports on Form 10-Q, reports on Form 8-K and annual reports on Form 10-K.

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