New York State
Insurance Department


ISSUED 5/25/2005

FOR IMMEDIATE RELEASE

INSURANCE DEPARTMENT’S UNIVERSAL LIFE RESOURCES, INC. HEARING ADJOURNED TO
JUNE 29, 2005

        The public hearing on Universal Life Resources, Inc. (ULR), three of its affiliates, and one of ULR’s top executives that was scheduled for Friday, May 27, 2005 at 10 a.m. at 25 Beaver Street, Manhattan has been adjourned to Wednesday, June 29, 2005 at the same time and location due to the ongoing joint investigation by the New York State Insurance Department and the New York State Attorney General's Office.


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